FHA Insurance definition

FHA Insurance. The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.
FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

Examples of FHA Insurance in a sentence

  • In the event of any such transfer, assignment and delivery to the Trustee, the Trustee shall assume all obligations under the FHA Insurance contract, at which time the Corporation shall be released from its obligations under such FHA Insurance contract.

  • Following the assignment of such FHA-Insured Contract to the Trustee, the Trustee on behalf of the Trust will be entitled to the full benefits of the FHA Insurance.

  • If the predecessor Trustee is then the lender of record for purposes of FHA Insurance (due to an Event of Termination), the predecessor Trustee shall submit a report to FHA describing the transfer of the FHA-Insured Contracts without recourse, in such form as is then required under FHA Regulations to cause HUD to transfer to the successor Trustee the FHA insurance reserves applicable to the FHA-Insured Contracts.

  • The Trust CLCsEach Trust CLC is based on and backed by a single Mortgage Loan secured by a multifamily project under construction and insured by FHA pursuant to an FHA Insurance Program described under “THE GINNIE MAE MULTIFAMILY CERTIFICATES — FHA Insurance Programs” in the Multifamily Base Offering Circular.

  • FHA Insurance ProgramsFHA multifamily insurance programs generally are designed to assist private and public mortgagors in obtaining financing for the construction, purchase or rehabilitation of multifamily housing pursuant to the National Housing Act of 1934 (the “Housing Act”).


More Definitions of FHA Insurance

FHA Insurance means the credit insurance provided by FHA pursuant to Title I of the National Housing Act, as evidenced by the Company's Contract of Insurance.
FHA Insurance. As to any FHA Asset, FHA's agreement to reimburse the owner of such Asset for the amount of any losses incurred upon the liquidation of such Asset.
FHA Insurance means FHA mortgage insurance on residences presently insured under any of the FHA insurance programs pursuant to the National Housing Act of 1934, as amended.
FHA Insurance means the insurance of the Mortgage Loan by FHA pursuant to Section 221(d)(4) of the National Housing Act.
FHA Insurance means FHA Mortgage insurance issued under one of the following FHA Insurance programs pursuant to the National Housing Act:
FHA Insurance means insurance on mortgage loans presently issued by FHA under the National Housing Act of 1934, as amended, pursuant to one of the following FHA Insurance programs: