§ 1281.10 - General.

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Pursuant to the requirements of the Bank Act, as amended (12 U.S.C. 1430c), this subpart establishes:

Three single-family owner-occupied purchase money mortgage housing goals, and one single-family refinancing mortgage housing goal;

A volume threshold for the application of the housing goals to a Bank;

Requirements for measuring performance under the housing goals; and

Procedures for monitoring and enforcing the housing goals.