FHA Insurance definition

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.
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FHA Insurance. The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.
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FHA Insurance. An insurance policy granted by the FHA with respect to any Mortgage Loan.
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Examples of FHA Insurance in a sentence

  • Notwithstanding anything to the contrary herein, no Certificateholder, solely by virtue of its status as a Certificateholder, shall have any right by virtue of or by availing itself of any provision of this Agreement to institute any suit, action or proceeding in equity or at law against FHA or HUD upon or under or with respect to any policy of FHA Insurance applicable to a Mortgage Loan or any purported rights thereunder.

  • The Trustee shall not be liable for any actions taken by the Servicer with respect to FHA Insurance, including but not limited to the maintenance of such insurance and the submission of claims to FHA.

  • 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.

  • 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.

  • All such direct rights against FHA or HUD shall be held by the Trustee as the designated mortgagee of record with respect to the FHA Mortgage Loans and shall include, without limitation, the right to enforce such policy of FHA Insurance against FHA or HUD and require the payment by FHA or HUD of any amount due thereunder.


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.
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FHA Insurance means FHA mortgage insurance issued under one of the FHA Insurance programs for one (1) unit dwellings pursuant to the National Housing Act.
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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.
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FHA Insurance means an insurance policy granted by the FHA with respect to a mortgage loan under the applicable section of the National Housing Act (the “Act”), as amended from time to time.
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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.
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FHA Insurance means the insurance of the Mortgage Loan by FHA pursuant to Section 221(d)(4) of the National Housing Act.
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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:
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