FHA Insured Mortgage Loan definition

FHA Insured Mortgage Loan means a Mortgage Loan insured by FHA.
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FHA Insured Mortgage Loan means the mortgage loan in the original principal amount of $_ _ to be advanced by the FHA Lender to the Borrower and insured by FHA under Section 223(f) of the National Housing Act, as amended.
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FHA Insured Mortgage Loan means a Mortgage Loan insured by FHA in accordance with the provisions hereof.
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Examples of FHA Insured Mortgage Loan in a sentence

  • The Bonds are subject to mandatory redemption in whole, on the earliest practicable day for which notice of redemption may be given upon receipt by the Trustee of written certification from the FHA Lender of an occurrence of an event of default by the Borrower under the FHA Insured Mortgage Loan and commencement of an assignment of the FHA Insured Mortgage Loan by the FHA Lender to HUD for an FHA insurance claim.

  • Each such Mortgage Loan will be an FHA Insured Mortgage Loan, a VA Mortgage Loan or other Mortgage Loan insured or guaranteed by a Governmental Insurer.

  • Title of Information Collection: FHA- Insured Mortgage Loan Servicing of Payments, Prepayments, Terminations, Assumptions, and Transfers.OMB Approval Number: 2502–0595.Type of Request: Revision of currently approved collection.Form Numbers: HUD–92210.1. Description of the need for the information and proposed use: FHA insurance is an important source ofmortgage credit for low and moderate- income borrowers.

  • Title of Information Collection: FHA- Insured Mortgage Loan Servicing for Performing Loans; MIP Processing, Escrow Administration, Customer Service, Servicing Fees and 235 Loans.OMB Approval Number: 2502–0583.

  • Title of Information Collection: FHA- Insured Mortgage Loan Servicing of Payments, Prepayments, Terminations, Assumptions and Transfers.OMB Approval Number: 2502–0595.Type of Request: Revision of currently approved.Form Number: HUD–92210.1,Approval of Purchaser and Release of Seller, HUD–922210, Request for Credit Approval of Substitute Mortgagor.Description of the need for theinformation and proposed use: FHA insurance is an important source of mortgage credit for low and moderate- income borrowers.

  • Title of Information Collection: FHA- Insured Mortgage Loan Servicing of Delinquent, Default and Foreclosure With Service Members Act.OMB Approval Number: 2502–0584.Type of Request: Extension of currently approved collection.Form Numbers: HUD–2008–5–FHA C.


More Definitions of FHA Insured Mortgage Loan

FHA Insured Mortgage Loan means the mortgage loan made by the FHA Lender to the Developer pursuant to the FHA Documents with respect to the Project.
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FHA Insured Mortgage Loan means a Mortgage Loan Insured by FHA under Section 203(b), 203(k) streamline, 223(e) or 234(c) of the National Housing Act in accordance with the requirements of FHA.
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FHA Insured Mortgage Loan means the mortgage loan in the original principal amount of
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FHA Insured Mortgage Loan means a Home Mortgage Loan insured by FHA in accordance with the provisions of the Operating Agreements.
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Related to FHA Insured Mortgage Loan

  • Covered Mortgage Loan Any Mortgage Loan that is covered by a PMI Policy.

  • Serviced Mortgage Loan A Mortgage Loan that is not an Outside Serviced Mortgage Loan.

  • Special Serviced Mortgage Loan The Mortgage Loans for which the Special Servicer acts as servicer pursuant to Section 3.19.

  • Subserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is subject to a Subservicing Agreement.

  • ARD Mortgage Loan Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the Mortgage Loan Schedule.

  • Streamlined Mortgage Loan A Mortgage Loan originated in connection with the refinance of a mortgage loan pursuant to the related Seller’s streamlined documentation program then in effect.

  • Deleted Mortgage Loan A Mortgage Loan replaced or to be replaced by a Qualified Substitute Mortgage Loan.

  • Corrected Mortgage Loan Any Mortgage Loan that had been a Specially Serviced Mortgage Loan but has ceased to be such in accordance with the definition of "Specially Serviced Mortgage Loan" (other than by reason of a Liquidation Event occurring in respect of such Mortgage Loan or a related Mortgaged Property becoming an REO Property).

  • Special Hazard Mortgage Loan A Liquidated Mortgage Loan as to which a Special Hazard Loss has occurred.

  • Nonsubserviced Mortgage Loan Any Mortgage Loan that, at the time of reference thereto, is not subject to a Subservicing Agreement.

  • Refinanced Mortgage Loan A Mortgage Loan the proceeds of which were not used to purchase the related Mortgaged Property.

  • Registered mortgage loan originator means any individual who:

  • Non-Serviced Mortgage Loan means a Mortgage Loan included in the Trust but serviced under another agreement. There are no Non-Serviced Mortgage Loans in the Trust.

  • Premium Mortgage Loan Any Group 1 Premium Mortgage Loan or Group 2 Premium Mortgage Loan.

  • Eligible Mortgage Loan means a Mortgage Loan (including a Wet Funded Loan) with respect to which each of the following statements shall be accurate and complete (and Borrower, by including such Mortgage Loan in any computation of the Borrowing Base, shall be deemed to so represent and warrant to the Lenders as of the date of such computation):

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • Performing Serviced Mortgage Loan A Serviced Mortgage Loan that is not, and is not part of, a Specially Serviced Loan or REO Loan.

  • MERS Mortgage Loan Any Mortgage Loan registered with MERS on the MERS System.

  • Distressed Mortgage Loan Any Mortgage Loan that at the date of determination is Delinquent in payment for a period of 90 days or more without giving effect to any grace period permitted by the related Mortgage Note or for which the applicable Servicer or the Trustee has accepted a deed in lieu of foreclosure.

  • Specially Serviced Mortgage Loan means the Mortgage Loan during the period it is serviced by the Special Servicer following a Servicing Transfer Event.

  • Balloon Mortgage Loan A Mortgage Loan that provides for the payment of the unamortized principal balance of such Mortgage Loan in a single payment at the maturity of such Mortgage Loan that is substantially greater than the preceding monthly payment.

  • REO Mortgage Loan Any Mortgage Loan which is not a Liquidated Loan and as to which the indebtedness evidenced by the related Mortgage Note is discharged and the related Mortgaged Property is held as part of the Trust Estate.

  • Liquidated Mortgage Loan With respect to any Distribution Date, a defaulted Mortgage Loan (including any REO Property) which was liquidated in the calendar month preceding the month of such Distribution Date and as to which the Master Servicer has determined (in accordance with this Agreement) that it has received all amounts it expects to receive in connection with the liquidation of such Mortgage Loan, including the final disposition of an REO Property.

  • FHA Approved Mortgagee means a corporation or institution approved as a mortgagee by the FHA under the National Housing Act, as amended from time to time, and applicable FHA Regulations, and eligible to own and service mortgage loans such as the FHA Loans.

  • Qualified Mortgage Insurer Any mortgage insurer that is Xxxxxx Xxx and Xxxxxxx Mac approved.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.