12 CFR Part 1251 — Contributions to the Housing Trust and Capital Magnet Funds

PART 1251—CONTRIBUTIONS TO THE HOUSING TRUST AND CAPITAL MAGNET FUNDS Authority: 12 U.S.C. 1452(c), 1718(b), 4511(b), 4513(a), 4514(a), 4526(a), and 4567. Source: 79 FR 74597, Dec. 16, 2014, unless otherwise noted. § 1251.1 Purpose. The purpose of this part is to implement a prohibition against an Enterprise redirecting the cost of any allocation to the Housing Trust Fund or the Capital Magnet Fund to originators of mortgages purchased or securitized by an Enterprise. § 1251.2 Definitions. The following definitions apply to the terms used in and related specifically to this part. Definitions of other terms may be found in 12 CFR part 1201, General Definitions Applying to All Federal Housing Finance Agency Regulations: Capital Magnet Fund Housing Trust Fund § 1251.3 Prohibition on pass-through of cost of allocation; enforcement. (a) In general. (b) Enforcement. § 1251.4 Submission of information. The Director may issue guidance, orders, or notices on compliance with section 1337 and this part by the Enterprises, which may include information submissions by the Enterprises.

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