§ 1005.203. Lender Applicants deemed approved by statute.
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/us/cfr/t24/s§ 1005.203·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The following Lender Applicants are deemed approved by statute:
(a)Any mortgagee approved by HUD for participation in the single-family mortgage insurance program under title II of the National Housing Act;
(b)Any Lender Applicant whose housing loan under chapter 37 of title 38, United States Code are automatically guaranteed pursuant to 38 U.S.C. 3702(d);
(c)Any Lender Applicant approved by the U.S. Department of Agriculture to make Guaranteed Loans for single family housing under the Housing Act of 1949; and
(d)Any other Lender Applicant that is supervised, approved, regulated, or insured by any other Federal agency of the United States, including but not limited to Community Development Financial Institutions.
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§ 1005.203
Lender Applicants deemed approved by statute.
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