source:
  type: regulation
  id: occ-12cfr-34.201
  authority: 12 CFR Part 34 — Real Estate Lending, Appraisals & AVMs (OCC) § 34.201 — Authority, purpose and scope
  description: '12 CFR Part 34 — Real Estate Lending, Appraisals & AVMs (OCC), §34.201 Authority, purpose and scope.
    Captured section-complete (all subsections verbatim).

    '
obligations:
- id: occ-12cfr-34.201-a
  canonical_id: occ-12cfr-34.201-a
  section: 12 CFR §34.201(a)
  description: 'Authority, purpose and scope — (a): (a) Authority. This subpart is issued by the Office of the Comptroller
    of the Currency under 12 U.S.C. 93a, 12 U.S.C. 1463, 1464 and 15 U.S.C. 1639h.'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 34 — Real Estate Lending, Appraisals & AVMs (OCC) § 34.201
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-I/part-34
    snapshot_id: b9176c4f9bb030c2
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:c27331ba5c7759b1bc066ef9a0c6d88aac17a04f5ea45ac55bff64410cc28fef
    paragraph_quote: (a) Authority. This subpart is issued by the Office of the Comptroller of the Currency under
      12 U.S.C. 93a, 12 U.S.C. 1463, 1464 and 15 U.S.C. 1639h.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §34.201 subsection (a) from snapshot b9176c4f9bb030c2;
      substring-verified.
  judgment: false
- id: occ-12cfr-34.201-b
  canonical_id: occ-12cfr-34.201-b
  section: 12 CFR §34.201(b)
  description: 'Authority, purpose and scope — (b): (b) Purpose. The OCC adopts this subpart pursuant to the requirements
    of section 129H of the Truth in Lending Act (15 U.S.C. 1639h) which provides that a creditor, including a national
    bank or operating subsidiary, a Federal branch or agency or a Federal savings association or operating subsidiary,
    …'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 34 — Real Estate Lending, Appraisals & AVMs (OCC) § 34.201
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-I/part-34
    snapshot_id: b9176c4f9bb030c2
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:c27331ba5c7759b1bc066ef9a0c6d88aac17a04f5ea45ac55bff64410cc28fef
    paragraph_quote: '(b) Purpose. The OCC adopts this subpart pursuant to the requirements of section 129H of the
      Truth in Lending Act (15 U.S.C. 1639h) which provides that a creditor, including a national bank or operating
      subsidiary, a Federal branch or agency or a Federal savings association or operating subsidiary, may not extend
      credit in the form of a higher-risk mortgage without complying with the requirements of section 129H of the
      Truth in Lending Act (15 U.S.C. 1639h) and this subpart G. The definition of a higher-risk mortgage in section
      129H is consistent with the definition of a higher-priced mortgage loan under Regulation Z, 12 CFR part 1026.
      Specifically, 12 CFR 1026.35 defines a higher-priced mortgage loan as a closed-end consumer credit transaction
      secured by the consumer''s principal dwelling with an annual percentage rate that exceeds the average prime
      offer rate for a comparable transaction as of the date the interest rate is set: (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.'
    drafter_attestation: Verbatim (whitespace-normalized) slice of §34.201 subsection (b) from snapshot b9176c4f9bb030c2;
      substring-verified.
  judgment: false
- id: occ-12cfr-34.201-c
  canonical_id: occ-12cfr-34.201-c
  section: 12 CFR §34.201(c)
  description: 'Authority, purpose and scope — (c): (c) Scope. This subpart applies to higher-priced mortgage loan
    transactions entered into by national banks and their operating subsidiaries, Federal branches and agencies
    and Federal savings associations and operating subsidiaries of savings associations.'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 34 — Real Estate Lending, Appraisals & AVMs (OCC) § 34.201
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-I/part-34
    snapshot_id: b9176c4f9bb030c2
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:c27331ba5c7759b1bc066ef9a0c6d88aac17a04f5ea45ac55bff64410cc28fef
    paragraph_quote: (c) Scope. This subpart applies to higher-priced mortgage loan transactions entered into by
      national banks and their operating subsidiaries, Federal branches and agencies and Federal savings associations
      and operating subsidiaries of savings associations.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §34.201 subsection (c) from snapshot b9176c4f9bb030c2;
      substring-verified.
  judgment: false
- id: occ-12cfr-34.201-d
  canonical_id: occ-12cfr-34.201-d
  section: 12 CFR §34.201(d)
  description: 'Authority, purpose and scope — (d): (d) Official Interpretations. Appendix C to this subpart sets
    out OCC Interpretations of the requirements imposed by the OCC pursuant to this subpart.'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 34 — Real Estate Lending, Appraisals & AVMs (OCC) § 34.201
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-I/part-34
    snapshot_id: b9176c4f9bb030c2
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:c27331ba5c7759b1bc066ef9a0c6d88aac17a04f5ea45ac55bff64410cc28fef
    paragraph_quote: (d) Official Interpretations. Appendix C to this subpart sets out OCC Interpretations of the
      requirements imposed by the OCC pursuant to this subpart.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §34.201 subsection (d) from snapshot b9176c4f9bb030c2;
      substring-verified.
  judgment: false
