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First Interest Rate Increase Regulation for Housing Assistance Loans
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Title (English)
Title (German)
Kind
Approval
Due Diligence
Governance
Other
Record Keeping
Reporting
Stakeholder Engagement
Frequency
Annual
Biennial
Continuous
Event-triggered
Monthly
One-time
Other
Quarterly
Weekly
Check frequency
Annual
Biennial
Continuous
Event-triggered
Monthly
One-time
Other
Quarterly
Weekly
Rule set
Regulation-wide (no rule set)
Loans from housing welfare funds
Loans approved before 1 January 1960
Loans approved from 1960 to 1969
Mixed publicly funded housing subject to state-law rules
Complexity (0–5)
Business functions
Communications
Compliance
Executive
Finance
Human Resources
Legal
Operations
Other
Procurement
Product
Sales
Sustainability
Description (English)
The loan-administrating body must inform the loan debtor in the notice of the higher interest rate about the six-month exclusion period.
Description (German)
Die darlehnsverwaltende Stelle muss den Darlehnsschuldner in der Mitteilung über die Höherverzinsung auf die sechsmonatige Ausschlussfrist hinweisen.
Affected products/services (English)
Notices of the higher interest rate
Affected products/services (German)
Mitteilungen über die Höherverzinsung
Checking responsibility (English)
Loan-administrating body
Checking responsibility (German)
Darlehnsverwaltende Stelle
Check method (English)
Review of the notice to ensure that it includes a reference to the exclusion period
Check method (German)
Prüfung des Inhalts der Mitteilung auf einen Hinweis auf die Ausschlussfrist
Withdrawn at
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