Federal mortgage definition

Federal mortgage means a mortgage loan for land development for residential housing or
Federal mortgage means a mortgage loan for land development, residential
Federal mortgage means a mortgage loan made by the federal government or for which there is a commitment by the federal government to make such a mortgage loan.

Examples of Federal mortgage in a sentence

  • A State Agency that used the Fast Track Procedures formerly in this part must provide per- manent financing for any new con- struction or substantial rehabilitation project without Federal mortgage in- surance, except coinsurance under sec- tion 244 under the National Housing Act (12 U.S.C. 1701 et seq).

  • A State Agency which provides perma- nent financing for newly constructed or substantially rehabilitated housing processed under subpart D and financed without Federal mortgage insurance or a Federal guarantee except coinsur- ance under Section 244 of the National Housing Act.Independent Public Accountant.

  • In order to be eligible for these proce- dures, a State Agency must provide permanent financing without Federal mortgage insurance or a Federal guar- antee except coinsurance under Sec- tion 244 of the National Housing Act.Financing Cost Contingency (FCC).

  • There could arise a claim against a Federal mortgage insurance fund (or such Department or Administration).

  • A mortgage which is assisted or sub- sidized by an agency of a State govern- ment without any Federal mortgage subsidy.Tenant Representative.

  • Facilitates the collection and disbursement of consumer complaints on behalf of State and Federal mortgage regulators.

  • Upon receipt of an application made under this subsection by a distressed mortgagor, the Federal mortgage agency shall issue to such mortgagor a certificate of moratorium if it de- termines, after consultation with the interested mortgagee, that such action is necessary to avoid foreclosure.

  • To satisfy the requirement of this paragraph, Federal mortgage funds must be at risk with respect to a mortgage that is secured by the building or a project of which the building is a part.

  • Facilitates the collection and disburse- ment of consumer complaints on behalf of State and Federal mortgage regulators.(Pub.

  • Any distressed mortgagor, for the purpose of avoiding foreclosure of his mortgage, may apply to the appropriate Federal mortgage agen- cy for a determination that suspension of his ob- ligation to make payments due under such mortgage during a temporary period is nec- essary in order to avoid such foreclosure.


More Definitions of Federal mortgage

Federal mortgage means a mortgage loan for residential housing:
Federal mortgage means a mortgage loan for land development for residential housing or residential housing made by the United States or an instrumentality thereof or for which there is a commitment by the United States of America or an instrumentality thereof to make such a mortgage loan.
Federal mortgage means a mortgage loan for land development, residential housing, or nonresidential projects made by the United States or an instrumentality thereof, or a commitment by the United States or an instrumentality thereof to make such a mortgage loan.
Federal mortgage means a mortgage loan for land development or for residential housing made by the United States or an instrumentality thereof to make such a mortgage loan.
Federal mortgage means a mortgage loan for

Related to Federal mortgage

  • Conventional Mortgage means a mortgage for which the principal amount, at the time of commitment, together with all other equal and prior ranking mortgages: (a) in the case of a property purchase, does not exceed the lower of 75% of the purchase price of the underlying real property securing the mortgage and 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser; and (b) in the case of a refinancing, does not exceed 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser at the time of such refinancing.

  • Residential mortgage loan means any loan primarily for

  • Mortgage shall have the meaning assigned to such term in the recitals.

  • Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.