§ 1251.3. Prohibition on pass-through of cost of allocation; enforcement.

91 words·~1 min read·/us/cfr/t12/s§ 1251.3·

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(a)In general. No Enterprise shall re-direct or pass through the cost of any allocation to the Housing Trust Fund or the Capital Magnet Fund required pursuant to section 1337(a) of the Safety and Soundness Act, 12 U.S.C. 4567(a), through increased charges or fees, or decreased premiums, or in any other manner, to the originators of mortgages purchased or securitized by the Enterprise.

(b)Enforcement. Compliance by each Enterprise with the foregoing prohibition shall be enforced under subpart 3 of part B of the Safety and Soundness Act, 12 U.S.C. 4581-89.

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U.S. Code

Affordable housing allocations
§ 4567

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12 USC 4581-89

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§ 1251.3

Prohibition on pass-through of cost of allocation; enforcement.

U.S.C.§ 4567

Cite12 USC 4581-89

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