Homeowners Protection Act definition

Homeowners Protection Act means the Homeowners Protection Act of 1998 (HPA), 12 U.S.C. Sec. 4901 et seq.
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Examples of Homeowners Protection Act in a sentence

  • QUALIFIED MORTGAGE INSURANCE.—The term ‘qualified mortgage insurance’ means— ‘‘(i) mortgage insurance provided by the Veterans Administration, the Federal Housing Administration, or the Rural Housing Administration, and ‘‘(ii) private mortgage insurance (as defined by sec- tion 2 of the Homeowners Protection Act of 1998 (12 U.S.C. 4901), as in effect on the date of the enactment of this subparagraph).

  • These agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund; and (b) any of these agreements will not affect the rights Borrower has – if any – regarding the Mortgage Insurance under the Homeowners Protection Act of 1998 or any other law.

  • Private Mortgage Insurance for Single Family loans is subject to the Homeowners Protection Act of 1998.

  • The borrower has a good payment history for the 24 months immediately preceding the date of the borrower’s request as defined by the Homeowners Protection Act of 1998.Provided, PMI shall be automatically cancelled for those loans that closed prior to July 29, 1999 upon the following conditions:(1) The loan has amortized for a period of fifteen (15) years since closing; and(2) The borrower is current on the loan.

  • Notwithstanding the above, private mortgage insurance for those loans (including loans on 2-4 family homes) that close on or after July 29, 1999 shall be subject to cancellation or termination pursuant to the provisions of the Federal Homeowners Protection Act of 1998.

  • In addition, the Consultant shall submit all AIMSUN simulation electronic files on a compact disc (“CD”).

  • The Seller must warrant that the mortgagor has been given all disclosures required by law, including, but not limited to, the Homeowners Protection Act of 1998 (HPA), relating to the terms on which mortgagor-paid PMI may be canceled.

  • This exclusion thereby reduces the applicability of the Homeowners Protection Act, which relates to the regulation of private mortgage insurance, to Fannie and Freddie.

  • Cancellation of Private Mortgage Insurance (PMI)Minnesota Housing and its servicers must comply with all requirements of the federal Homeowners Protection Act of 1998.

  • He has sued Seterus for violation of the Homeowners Protection Act (HPA or the Act), 12U.S.C. §§ 4902-4904 (count one of the complaint), breach of contract (count two), and violation of the Illinois Consumer Fraud and Deceptive Business Practices Act (ICFA), 815 ILCS 505 (count three).

Related to Homeowners Protection Act

  • Data Protection Act means Act CXII of 2011 on Informational Self-Determination and Freedom of Information.

  • Cathodic protection means a technique designed to prevent the corrosion of a metal surface by making that surface the cathode of an electrochemical cell. For example, protection can be accomplished with an impressed current system or a galvanic anode system.

  • Data Protection Laws means all laws and regulations that govern the access, use, disclosure, or protection of Personal Data to which a party is subject with respect to the Service or the Software.

  • Consumer Protection Act means the Consumer Protection Act, No. 68 of 2008 (as amended from time to time).

  • Data Protection Law means the applicable legislation protecting the fundamental rights and freedoms of persons and their right to privacy with regard to the processing of Personal Data under the Agreement (and includes, as far as it concerns the relationship between the parties regarding the processing of Personal Data by SAP on behalf of Customer, the GDPR as a minimum standard, irrespective of whether the Personal Data is subject to GDPR or not).

  • Data Protection Acts means Data Protection Act 1988, as amended by the Data Protection (Amendment) Act 2003, and as may be modified, amended, supplemented, consolidated or re- enacted from time to time;

  • EU Data Protection Laws means EU Directive 95/46/EC, as transposed into domestic legislation of each Member State and as amended, replaced or superseded from time to time, including by the GDPR and laws implementing or supplementing the GDPR;

  • Data Protection Laws and Regulations means all laws and regulations, including laws and regulations of the European Union, the European Economic Area and their member states, Switzerland and the United Kingdom, applicable to the Processing of Personal Data under the Agreement.

  • EU Data Protection Law means (i) prior to 25 May 2018, Directive 95/46/EC of the European Parliament and of the Council on the protection of individuals with regard to the processing of Personal Data and on the free movement of such data ("Directive") and on and after 25 May 2018, Regulation 2016/679 of the European Parliament and of the Council on the protection of natural persons with regard to the processing of Personal Data and on the free movement of such data (General Data Protection Regulation) ("GDPR"); and (ii) Directive 2002/58/EC concerning the processing of Personal Data and the protection of privacy in the electronic communications sector and applicable national implementations of it (as may be amended, superseded or replaced).

  • Flood Insurance Regulations means (a) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (b) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, (c) the National Flood Insurance Reform Act of 1994 (amending 42 USC § 4001, et seq.), as the same may be amended or recodified from time to time, and (d) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • Education Act means the Education Act, R.S.O. 1990, c. E.2, as amended.

  • European Data Protection Laws means data protection laws applicable in the European Union, the European Economic Area (“EEA”) and/or their member states, Switzerland and the United Kingdom, in each case as hereinafter amended, superseded, or replaced, including:

  • Fair Housing Act means the Fair Housing Act, as amended.

  • the applicable data protection law means the legislation protecting the fundamental rights and freedoms of individuals and, in particular, their right to privacy with respect to the processing of personal data applicable to a data controller in the Member State in which the data exporter is established;

  • Privacy Act means the Privacy Act 1988 (Cth).

  • Fire Protection means all aspects of fire safety including but not limited to fire prevention, fire fighting or suppression, pre-fire planning, fire investigation, public education and information, training or other staff development and advising.

  • Applicable Data Protection Law means all data privacy or data protection laws or regulations globally that apply to the Processing of Personal Information under this Data Processing Agreement, which may include Applicable European Data Protection Law.

  • Health and Safety Laws means all applicable laws, statutes, regulations, subordinate legislation, bye-laws, common law and other national, international, federal, European Union, state and local laws, judgments, decisions and injunctions of any court or tribunal, and codes of practice and/or guidance notes issued by any applicable government body or authority, public body, trade union, works council, or industry or regional sector authority to the extent that they relate to or apply to the health and safety of any person, including (but not limited to) any such requirements and obligations concerning Covid-19.