24 CFR 81.98

§ 81.98 Liability of GSEs and Federal Reserve Banks.

United States · 24 CFR — Housing and Urban Development · Status: effective

Cite this

Citation: 24 CFR 81.98, § 81.98 Liability of GSEs and Federal Reserve Banks, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/98674
Permanent ID: ys:prov:98674@1
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Full text

A GSE and the Federal Reserve Banks may rely on the information provided in a Transfer Message, and are not required to verify the information. A GSE and the Federal Reserve Banks shall not be liable for any action taken in accordance with the information set out in a Transfer Message, or evidence submitted in support thereof.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.