[Code of Federal Regulations]

[Title 24, Volume 1]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR81.43]



[Page 453]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 81_THE SECRETARY OF HUD'S REGULATION OF THE FEDERAL NATIONAL 

MORTGAGE ASSOCIATION (FANNIE MAE) AND THE FEDERAL HOME LOAN MORTGAGE 

CORPORATION (FREDDIE MAC)--Table of Contents

 

                         Subpart C_Fair Housing

 

Sec.  81.43  Reports; underwriting and appraisal guideline review.



    (a) Reports. Each GSE, in the AHAR required under Sec.  81.63, shall 

assess underwriting standards, business practices, repurchase 

requirements, pricing, fees, and procedures that affect the purchase of 

mortgages for low- and moderate-income families, or that may yield 

disparate results based on the race, color, religion, sex, handicap, 

familial status, age, or national origin of the borrower, including 

revisions thereto to promote affordable housing or fair lending.

    (b) Review of Underwriting and Appraisal Guidelines. The Secretary 

shall periodically review and comment on the underwriting and appraisal 

guidelines of each enterprise to ensure that such guidelines are 

consistent with the Fair Housing Act and 12 U.S.C. 4545.