12 CFR § 1213.2 - Definitions.

---
identifier: "/us/cfr/t12/s1213.2"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1213.2 - Definitions."
title_number: 12
title_name: "Banks and Banking"
section_number: "1213.2"
section_name: "Definitions."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "A"
subchapter_name: "ORGANIZATION AND OPERATIONS"
part_number: "1213"
part_name: "OFFICE OF THE OMBUDSMAN"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 4511(b)(2), 4517(i), and 4526."
regulatory_source: "76 FR 7481, Feb 10, 2011, unless otherwise noted."
cfr_part: "1213"
---


# 1213.2 Definitions.

For purposes of this part, the term:

*Business relationship* means any existing or potential interaction between a person and a regulated entity or the Office of Finance for the provision of goods or services. The term *business relationship* does not include any interaction between a mortgagor and a regulated entity that directly or indirectly owns, purchased, guarantees, or sold the mortgage.

*Director* means the Director of FHFA or his or her designee.

*FHFA* means the Federal Housing Finance Agency.

*Office of Finance* means the Office of Finance of the Federal Home Loan Bank System.

*Person* means an organization, business entity, or individual that has a business relationship with a regulated entity or the Office of Finance, or that represents the interests of a person that has a business relationship with a regulated entity or the Office of Finance. The term *person* does not include an individual borrower.

*Regulated entity* means the Federal National Mortgage Association and any affiliate, the Federal Home Loan Mortgage Corporation and any affiliate, and any Federal Home Loan Bank.