Authority, purpose and scope.

CFR · 2024-01-01 · US · Title 12

(a) (b) (1) By 1.5 or more percentage points, for a loan secured by a first lien with a principal obligation at consummation that does not exceed the limit in effect as of the date the transaction's interest rate is set for the maximum principal obligation eligible for purchase by Freddie Mac; (2) By 2.5 or more percentage points, for a loan secured by a first lien with a principal obligation at consummation that exceeds the limit in effect as of the date the transaction's interest rate is set for the maximum principal obligation eligible for purchase by Freddie Mac; or (3) By 3.5 or more percentage points, for a loan secured by a subordinate lien. (c) (d)

official document · source cfr-2024 · id 12:§ 34.201