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 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 1934, as amended.

Examples of National Housing Act in a sentence

  • Activities of the Government Na- tional Mortgage Association under Title III of the National Housing Act (12 U.S.C. 1716 et seq.).

  • Purchased or refinanced housing and medical facilities under section 223(f) of the National Housing Act (12 U.S.C. 1715n).

  • See Mortgagee Letter 93-3 dated January 8, 1993, for detailed instructions with respect to subordination as it relates to the refinancing of the first mortgage insured under the Section 235 Recapture Program or the Restructured 10 (Recapture) Program to a new mortgage insured under Section 203(b) or Section 235(r) of the National Housing Act.

  • Loans made under Title I or Title X of the National Housing Act that conform to the definition of construction stated above and that are secured by real estate.

  • Pursuant to the National Housing Act of 1934, FHA offers several mortgage insurance programs that have insured more than 40 million home loans since FHA’s inception.


More Definitions of National Housing Act

National Housing Act means the national housing act, 12 USC 1701 to 1750g.
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Act means the National Housing Act, R.S.C. 1985, c. N-11, as amended, modified, re-enacted, consolidated, replaced or superseded from time to time;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
National Housing Act means the National Housing Act of 1934, as amended. “Program Obligations” has the meaning set forth in the Security Instrument.