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 the National Housing Act of 1934, as amended.

Examples of FHA Insurance in a sentence

  • Collection ProceduresThe Master Servicer, directly or through one or more Sub-Servicers, will make reasonable efforts to collect all payments called for under the Mortgage Loans and will, consistent with each Agreement and any Mortgage Pool Insurance Policy, Primary Mortgage Insurance Policy, FHA Insurance, VA Guaranty and Bankruptcy Bond or alternative arrangements, follow such collection procedures as are customary with respect to mortgage loans that are comparable to the Mortgage Loans.

  • In the event that the Trustee shall transfer, assign and deliver such 2021 Series L Mortgage Loan with respect thereto, back to the Corporation pursuant to said Section 7.10(A) of the General Resolution, the Corporation shall once again assume all obligations under the FHA Insurance contract, at which time the Trustee shall be released from its obligations under such FHA Insurance contract, all in accordance with all applicable HUD regulations.

  • With respect to any 2021 Series L Mortgage Loan insured by FHA Insurance, any assignment or reassignment of such 2021 Series L Mortgage Loan pursuant to Section 7.10(A) of the General Resolution shall be effected in accordance with all applicable HUD regulations.

  • The Corporation shall not seek any extension of the deadline for filing notice of its intention to file a claim for FHA Insurance and assign such 2021 Series L Mortgage Loan to HUD.

  • Additionally, at the time of submission of the Mortgage Loan for purchase, the Mortgage Lender shall provide evidence satisfactory to the Servicer that the Mortgage Lender has applied for FHA Insurance or VA, RD or HUD Guaranty and otherwise meets Ginnie Mae requirements or in the case of a Conventional Mortgage Loan shall provide a binding certificate of insurance from the PMI Insurer or otherwise meets Fannie Mae or Freddie Mac requirements, as applicable.


More Definitions of FHA 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 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 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: