HECM Program definition

HECM Program. The HUD Home Equity Conversion Mortgage Program.
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HECM Program means the Home Equity Conversion Mortgage program administered by FHA.
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HECM Program means the Home Equity Conversion Mortgage program administered by FHA. “HUD” shall mean the United States Department of Housing and Urban Development, or any successor thereto. “HUD Handbook” shall mean the Regulations promulgated by HUD under the National Housing Act, codified in Title 24 of the Code of Federal Regulations, and other HUD issuances relating to HECM Loans, including, but not limited to, the HUD Home Equity Conversion Mortgage Handbook 4235.1
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More Definitions of HECM Program

HECM Program. The HUD Home Equity Conversion Mortgage program. HMBS: A home equity conversion mortgage-backed security. HOEPA: The Home Ownership and Equity Protection Act of 1994, as amended. HUD: The United States Department of Housing and Urban Development or any successor thereto. HUD Handbook: The HUD Home Equity Conversion Mortgage Handbook 4235.1 Rev-1 and any subsequent revisions thereto.
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Related to HECM Program

  • Custom program means a computer program which is specifically designed and developed only for

  • PEBB program means the program within the HCA that administers insurance and other benefits for eligible employees (as described in WAC 182-12-114), eligible retired employees (as described in WAC 182-12-171 and 182-12-180), eligible survivors (as described in WAC 182-12-180, 182-12-250, and 182-12-265), eligible dependents (as de- scribed in WAC 182-12-250 and 182-12-260) and others as defined in RCW 41.05.011.

  • O&M Program is defined in Section 18(a).

  • AML Program has the meaning ascribed thereto in Schedule 2.1(F)(8) hereof.

  • Program means the statutorily authorized activities of the System Agency under which this Contract has been awarded.