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Code · CFR · Title 12 — Banks and Banking · Part 1213 — Office of the Ombudsman · § 1213.2

§ 1213.2. Definitions.

173 words·~1 min read·/us/cfr/t12/s§ 1213.2·

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For purposes of this part, the term: Business relationship means any existing or potential interaction between a person and a regulated entity or the Office of Finance for the provision of goods or services. The term business relationship does not include any interaction between a mortgagor and a regulated entity that directly or indirectly owns, purchased, guarantees, or sold the mortgage. Director means the Director of FHFA or his or her designee. FHFA means the Federal Housing Finance Agency.
Office of Finance means the Office of Finance of the Federal Home Loan Bank System. Person means an organization, business entity, or individual that has a business relationship with a regulated entity or the Office of Finance, or that represents the interests of a person that has a business relationship with a regulated entity or the Office of Finance. The term person does not include an individual borrower. Regulated entity means the Federal National Mortgage Association and any affiliate, the Federal Home Loan Mortgage Corporation and any affiliate, and any Federal Home Loan Bank.
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