Sec. 1501. Definitions
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/bill/114/s/2012/es/section-1501A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this subtitle, the following definitions shall apply: The term covered loan means a loan secured by a home that is insured by the Federal Housing Administration under title II of the National Housing Act ( 12 U.S.C. 1707 et seq. ). The term homeowner means the mortgagor under a covered loan. The term mortgagee means an original lender under a covered loan or the holder of a covered loan at the time at which that mortgage transaction is consummated.
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U.S. Code