National Housing Act definition

National Housing Act means the National Housing Act (Canada), a federal law that promotes the construction of new houses and the repair and modernization of existing houses. CMHC provides mortgage default insurance under this law.

National Housing Act means the national housing act, 12 USC 1701 to 1750g.

National Housing Act means the National Housing Act of 1934, as amended.

Examples of National Housing Act in a sentence

• The Mortgage Loan was originated by a mortgagee approved by the Secretary of Housing and Urban Development pursuant to Sections 203 and 211 of the National Housing Act, a savings and loan association, a savings bank, a commercial bank, credit union, insurance company or other similar institution which is supervised and examined by a federal or state authority.

• At the time the Mortgage Loan was originated, the originator was a mortgagee approved by the Secretary of Housing and Urban Development pursuant to Sections 203 and 211 of the National Housing Act or a savings and loan association, a savings bank, a commercial bank or similar banking institution which is supervised and examined by a Federal or State authority.

• The Mortgage Loan was originated by or in conjunction with a mortgagee approved by the Secretary of Housing and Urban Development pursuant to Sections 203 and 211 of the National Housing Act, a savings and loan association, a savings bank, a commercial bank, credit union, insurance company or similar banking institution which is supervised and examined by a federal or state authority.

• The Mortgage Loan was originated by a savings and loan association, a savings bank, a commercial bank, a credit union, an insurance company, or similar institution that is supervised and examined by a federal or state authority or by a mortgagee approved by the Secretary of Housing and Urban Development pursuant to Sections 203 and 211 of the National Housing Act.

• The Mortgage Loan was originated by a Mortgagee approved by the Secretary of Housing and Urban Development pursuant to Sections 203 and 211 of the National Housing Act, a savings and loan association, a savings bank, a commercial bank, credit union, insurance company or similar institution supervised and examined by a federal or state authority.

More Definitions of National Housing Act

National Housing Act. The National Housing Act of 1934, as amended.

National Housing Act means the National Housing Act of 1934, as amended. “Program Obligations” has the meaning set forth in the Security Instrument. “Residual Receipts” has the meaning specified in the HUD Regulatory Agreement.

National Housing Act means the National Housing Act of 1937, as amended, and the applicable regulations thereunder.

National Housing Act means the National Housing Act, R. S. C. 1985, c. N.-11, as amended and replaced from time to time.

National Housing Act means the National Housing Act, R.S.C. 1985, c. N-11, as amended, modified, re-enacted, consolidated, replaced or superseded from time to time;

National Housing Act means the federal law under which the Canada Mortgage and Housing Corporation offers mortgage default insurance.

National Housing Act means the National Housing Act of 1934, as amended. “Program Obligations” has the meaning set forth in the Security Instrument.