FHA Mortgagee definition

FHA Mortgagee means a lender approved by the Federal Housing Administration to provide loans under HUD’s Section 232 program.
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FHA Mortgagee means and refer to the holder of the FHA Note (as endorsed and otherwise amended), which initially shall be ▇▇▇▇▇.
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Examples of FHA Mortgagee in a sentence

  • In accordance with FHA Mortgagee Letters 99-18, 2004-04 and 2005-01, Participant must advise each Eligible Mortgagor of the importance of obtaining an independent home inspection for any home it plans to purchase.

  • In accordance with FHA Mortgagee Letters 99-18, 2004-04 and 2005-01, Participant must advise each Eligible Borrower of the importance of obtaining an independent home inspection for any home it plans to purchase.

  • FHA Mortgagee represents and warrants that Schedule 3B sets forth a list of certain material documents evidencing or securing the HUD Loan and that copies of execution copies of the documents listed thereon have been provided to AR Lender and its counsel.

  • AR Lender represents and warrants that as of the date hereof Schedule 3A sets forth a list of certain material documents evidencing or securing the AR Lender Loan(s) and that copies of execution copies of the documents listed thereon have been provided to FHA Mortgagee and its counsel.

  • Each of AR Lender and FHA Mortgagee shall be responsible for managing its financial relationships with Lessees, and neither shall be deemed to be the agent of any of the other for any purpose.

  • AR Lender agrees to provide FHA Mortgagee with copies of any AR Lender Loan Documents upon written request from FHA Mortgagee.

  • Upon receipt of the indefeasible payment in full of all Obligations and the termination of any commitment under the AR Lender Loan Agreement, AR Lender agrees promptly to notify the FHA Mortgagee of such event, and AR Lender further agrees that it will execute any and all such termination statements or releases as may be necessary to release any lien on the Lessees’ assets.

  • This Agreement is entered into solely for the benefit of AR Lender and FHA Mortgagee, and their respective loan participants, successors and assigns, and neither Lessee, Lessor nor any other persons or entities whatsoever, including but not limited to any third party donee, investor, incidental beneficiary or any creditor of Lessees or Lessor, shall have any right, benefit, priority or interest under or because of the existence of this Agreement.

  • You agree that you are responsible for ensuring that any additional Card that we issue or eBanking or Telephone Banking access that we allow is used in accordance with this Agreement.

  • FHA Mortgagee agrees that AR Lender may have access to the Facilities for any inspection and copying of the AR FHA Mortgagee Priority Collateral, provided that AR Lender shall promptly repair any physical damage to any of the Facilities caused by AR Lender or its agents resulting from such inspection and copying.

Related to FHA Mortgagee

  • Mortgagee means the mortgagee, grantee or beneficiary under any Mortgage, any holder of legal title to any portion of any Mortgage Loan or, if applicable, any agent or servicer on behalf of such party.

  • First Mortgagee means the holder of any First Mortgage.

  • Eligible mortgagee means the holder of a security interest on a unit that has filed with the secretary of the association a written request that it be given copies of notices of any action by the association that requires the consent of mortgagees.

  • Facility Mortgagee means the holder of any Facility Mortgage.

  • 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.