1. Regulations
  2. title 24
  3. chapter IX
  4. part 1007
  5. § 1007.80

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