§1007.80. Qualified mortgage.
24 C.F.R. § 1007.80
A mortgage guaranteed under section 184A of the Housing and Community Development Act of 1992 (1715z-13b), except for mortgage transactions exempted under § 203.19(c)(2), is a safe harbor qualified mortgage that meets the ability-to-repay requirements in 15 U.S.C. 1639c(a).
Notes, amendments, and revision history
Amendments
[78 FR 75238, Dec. 11, 2013]
Authority
Authority: 12 U.S.C. 1715z-13b; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).
Source
Source: 67 FR 40776, June 13, 2002, unless otherwise noted.
Amendments
[78 FR 75238, Dec. 11, 2013]