FHA Approved Mortgagee definition

FHA Approved Mortgagee means a corporation or institution approved as a mortgagee by the FHA under the National Housing Act, as amended from time to time, and applicable FHA Regulations, and eligible to own and service mortgage loans such as the FHA Loans.

FHA Approved Mortgagee. Those institutions which are approved by FHA to act as servicer and mortgagee of record pursuant to FHA Regulations.

FHA Approved Mortgagee. A corporation or institution approved as a mortgagee by the FHA under the Act, and applicable HUD regulations, and eligible to own and service mortgage loans such as the FHA mortgage loans. Fitch: Fitch, Inc., or its successor in interest.

Examples of FHA Approved Mortgagee in a sentence

• Servicer is an approved servicer for FHA, FHLMC, FNMA, GNMA, HUD and VA, is an FHA Approved Mortgagee and is qualified to own and hold VA Mortgage Loans, and shall maintain such approvals throughout the term of this Agreement.

• Seller is an FHA Approved Mortgagee and, to the extent Seller is originating VA Loans, a VA Approved Lender.

• With respect to each Agency Security and to the extent necessary, Seller is an FHA Approved Mortgagee, a VA Approved Lender and a GNMA Approved Lender.

• The Servicer is an FHA Approved Mortgagee in good standing to service mortgages, and has not been suspended as a mortgagee or servicer by the FHA and has the facilities, procedures and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans.

• With respect to each Agency Security and to the extent necessary, Seller is an FHA Approved Mortgagee.

More Definitions of FHA Approved Mortgagee

FHA Approved Mortgagee means an institution which is approved by FHA to act as servicer and mortgagee of record pursuant to FHA Regulations.

FHA Approved Mortgagee means an institution that is approved by the FHA to act as a servicer and mortgagee of record with respect to a Mortgage Loan insured by the FHA.

FHA Approved Mortgagee means a mortgagee approved under the FHA Title II Mortgage Approval Handbook 4060.1.

FHA Approved Mortgagee means an institution which is (i) with respect to Servicer (and any Subservicer if applicable) approved by FHA to act as servicer and mortgagee of record pursuant to FHA Regulations, (ii) with respect to Seller approved by FHA to purchase, own and sell FHA Loans pursuant to FHA Regulations and (iii) with respect to a Qualified Originator approved by FHA to originate FHA Loans and to act as servicer and mortgagee of record pursuant to FHA Regulations.

FHA Approved Mortgagee means a Nonsupervised Title I and Title II Mortgagee.

FHA Approved Mortgagee. A financial institution which holds a valid Title I contract of insurance and continues to be approved by FHA under 24 CFR part 202 to originate, purchase, service, and/or sell loans insured by FHA.

FHA Approved Mortgagee means a corporation or institution approved as a mortgagee by the FHA under the National Housing Act, as amended from time