12 CFR 27.1 – Scope and OMB control number
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(a) Scope. This part applies to the activities of national banks and their subsidiaries, which make home loans for the purpose of purchasing, construction-permanent financing, or refinancing of residential real property.
Terms Used In 12 CFR 27.1
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(b) OMB control number. The collection of information requirements contained in this part were approved by the Office of Management and Budget under OMB control number 1557-0160.