Definitions.

CFR · 2024-01-01 · US · Title 12

As used in this part: (1) Any family that resides in a census tract in which the median income does not exceed 80 percent of the area median income; (2) Any family with an income that does not exceed area median income that resides in a minority census tract; and (3) Any family with an income that does not exceed area median income that resides in a designated disaster area. (1) American Indian or Alaskan Native—a person having origins in any of the original peoples of North and South America (including Central America), and who maintains tribal affiliation or community attachment; (2) Asian—a person having origins in any of the original peoples of the Far East, Southeast Asia, or the Indian subcontinent, including, for example, Cambodia, China, India, Japan, Korea, Malaysia, Pakistan, the Philippine Islands, Thailand, and Vietnam; (3) Black or African American—a person having origins in any of the black racial groups of Africa; (4) Hispanic or Latino—a person of Cuban, Mexican, Puerto Rican, South or Central American, or other Spanish culture or origin, regardless of race; and (5) Native Hawaiian or Other Pacific Islander—a person having origins in any of the original peoples of Hawaii, Guam, Samoa, or other Pacific Islands. (1) A renewal of a single payment obligation with no change in the original terms; (2) A reduction in the annual percentage rate of the mortgage as computed under the Truth in Lending Act, with a corresponding change in the payment schedule; (3) An agree

official document · source cfr-2024 · id 12:§ 1281.1