12 C.F.R. § 1731.3 Unsafe and unsound conduct.
Title 12 - Banks and Banking
An Enterprise may not require the repurchase of or may not decline to purchase a mortgage, mortgage backed security, or similar financial instrument because of possible mortgage fraud without promptly reporting to the Director under §1731.4. An Enterprise may decline such purchase or require such repurchase if it is reporting mortgage fraud or possible mortgage fraud in accordance with §1731.4.
Title 12: Banks and Banking
PART 1731—MORTGAGE FRAUD REPORTING
§ 1731.3 Unsafe and unsound conduct.
