24 CFR 1007.80 - Qualified mortgage.

Regulations last checked for updates: Nov 24, 2024

Title 24 - Housing and Urban Development last revised: Nov 13, 2024

View all text of Part 1007 [§ 1007.1 - § 1007.80]

§ 1007.80 - Qualified mortgage.

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).

[78 FR 75238, Dec. 11, 2013]

authority: 12 U.S.C. 1715z-13b; 15 U.S.C. 1639c; 42 U.S.C. 3535(d)

source: 67 FR 40776, June 13, 2002, unless otherwise noted.

cite as: 24 CFR 1007.80