# D.C. Code § 26-1151.02: Federally regulated, supervised, and insured entities and the Federal National Mortgage Association and Federal Home Loan Corporation

> District of Columbia · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1151.02

## Section

- **Citation:** D.C. Code § 26-1151.02
- **Heading:** Federally regulated, supervised, and insured entities and the Federal National Mortgage Association and Federal Home Loan Corporation
- **Jurisdiction:** District of Columbia
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** DC Code / Title 26 / Chapter 11A / § 26-1151.02

## Text

(a) Nothing in subchapter II of this chapter shall be construed to apply to loans made or purchased by the Federal National Mortgage Association, Federal Home Loan Corporation, or a bank, trust company, savings and loan association, or savings bank, that is regulated and supervised by a supervising federal agency, including the finance and operating subsidiaries of such entities that are so regulated and supervised.
(b) This section shall not apply to any lender that is not federally regulated and supervised, except the Federal National Mortgage Association, or the Federal Home Loan Corporation.
(c) Except as provided in subsection (d) of this section, the Home Ownership and Equity Protection Act of 1994, approved September 23, 1994 (108 Stat. 2190; codified in various sections of Chapter 16 of the U.S. Code), and the implementing regulations issued by the Federal Reserve Board, as each may be amended from time to time, are hereby adopted by reference thereto and shall apply to loans made or purchased by the Federal National Mortgage Association, Federal Home Loan Corporation, or a bank, trust company, savings and loan association, or savings bank that is regulated and supervised by a supervising federal agency, including the finance and operating subsidiaries of such entities that are so regulated and supervised, that engage in lending activities in the District.
(d) The violations, remedies, penalties, and enforcement provisions set forth in subchapter III of this chapter shall apply to loans made or purchased by the Federal National Mortgage Association, Federal Home Loan Corporation, or a bank, trust company, savings and loan association, or savings bank that is regulated and supervised by a supervising federal agency, including the finance and operating subsidiaries of such entities that are so regulated and supervised, that engage in lending activities in the District with regard to violations of this chapter.

## Nearby sections

- [D.C. Code § 26-1151.01 § 26-1151.01. Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1151.01.md)
- [D.C. Code § 26-1151.02 § 26-1151.02. Federally regulated, supervised, and insured entities and the Federal National Mortgage Association and Federal Home Loan Corporation.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1151.02.md)
- [D.C. Code § 26-1152.01 § 26-1152.01. Applicability.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1152.01.md)
- [D.C. Code § 26-1152.02 § 26-1152.02. Insufficient repayment ability.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1152.02.md)
- [D.C. Code § 26-1152.03 § 26-1152.03. Restrictions on the financing of single-premium credit insurance.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1152.03.md)
- [D.C. Code § 26-1152.04 § 26-1152.04. Restriction on financing origination/discount points and fees.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1152.04.md)
- [D.C. Code § 26-1152.05 § 26-1152.05. No encouragement of default.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1152.05.md)
- [D.C. Code § 26-1152.06 § 26-1152.06. Unfair steering or improper use of credit scores.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1152.06.md)
- [D.C. Code § 26-1152.07 § 26-1152.07. Failing to report favorable payment record.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1152.07.md)
- [D.C. Code § 26-1152.08 § 26-1152.08. Home improvement contracts.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1152.08.md)
- [D.C. Code § 26-1152.09 § 26-1152.09. No increase in interest rate upon default.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1152.09.md)
- [D.C. Code § 26-1152.10 § 26-1152.10. Charges in bad faith.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1152.10.md)
- [D.C. Code § 26-1152.11 § 26-1152.11. Failure to timely send disclosure notice.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1152.11.md)
- [D.C. Code § 26-1152.12 § 26-1152.12. Prepayment premium, fee or charge.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1152.12.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C11A_S26-1151.02. Check the current official text before relying on it. Not legal advice.