Code of Federal Regulations · Section

§ 27.5 — Record Retention Period

12 C.F.R. § 27.5

This section was removed from the CFR

Removed as of 2026-04-07. The text below is the last known version.

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(a) Each bank shall retain the records required under § 27.3 for 25 months after the bank notifies an applicant of action taken on an application, or after withdrawal of an application. This requirement also applies to records of home loans which are originated by the bank and subsequently sold.

(b) The Comptroller of the Currency may, by written notice to a bank, extend the retention period.

12 C.F.R. § 27.4 12 C.F.R. § 27.6

Authorizing Statute

Departmental regulations
5 U.S.C. § 301
Scope of prohibition
15 U.S.C. § 1691
Office of the Comptroller of the Currency
12 U.S.C. § 1
Declaration of policy
42 U.S.C. § 3601