### Question
How is the term new program defined?


### Answer
The term **new program** is defined in *12 U.S.C. § 4502* as the following:

> any program for the purchasing, servicing, selling, lending on the security of, or otherwise dealing in, conventional mortgages that—


(A) is significantly different from programs that have been approved under this Act or that were approved or engaged in by an enterprise before October 28, 1992

#### Citation:
  - *12 U.S.C. § 4502*
  - Heading: **CHAPTER 46-GOVERNMENT SPONSORED ENTERPRISES**

