FHA Regulations: Home Mortgage Insurance, Հատոր 26

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Common terms and phrases

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Էջ 76 - For the purposes of this subsection, the value of the mortgage shall be determined,. in accordance with rules and regulations prescribed by the Commissioner, by adding to the amount of the original principal obligation of the mortgage which was unpaid on the date of the institution of foreclosure proceedings...
Էջ 76 - Debentures shall bear interest from the date of issue, payable semiannually on the first day of January and the first day of July of each year at the rate of...
Էջ 60 - Act of 1949, as amended, which plan conforms to definite local objectives respecting appropriate land uses, improved traffic, public transportation, public utilities, recreational and community facilities and other public improvements, and there exists the necessary authority and financial capacity to insure completion of such urban renewal plan.
Էջ 115 - ... that the mortgagor be the occupant of the property at the time of insurance, where the Commissioner is satisfied that the inability of the mortgagor to occupy the property is by reason of his entry into military service subsequent to the filing of an application for insurance and the...
Էջ 138 - In no case, however, can the payment on a mortgage exceed the difference between the required payment under the mortgage for principal, interest, and mortgage insurance premium and the payment that would be required for principal and interest if the mortgage bore an interest rate of one percent.
Էջ 91 - Act shall be applicable to such mortgages insured under this section, except that all references therein to the Mutual Mortgage Insurance Fund or the Fund shall be construed to refer to the General Insurance Fund...
Էջ 49 - Secretary to become warrantor, shall deliver to the purchaser or owner of such property a warranty that the dwelling is constructed in substantial conformity...
Էջ 137 - In the certificate. § 235.315 Qualified homeowners. To qualify for assistance payments, the homeowner shall have, at the time of application for assistance, assets and an adjusted annual income which come within the limits established by the Commissioner, and shall be a mortgagor under a mortgage Insured or to be Insured pursuant to Subparts A and B of this part. § 235.320 Limitation of sales price. To qualify for assistance payments, the homeowner shall not have paid in connection with the purchase...
Էջ 13 - ... under a lease for not less than 99 years which is renewable or under a lease having a period of not. less than 50 years to run from the date of the loan.
Էջ 164 - ... an amount not in excess of the greater of the following: (a) Two percent of the unpaid principal of the mortgage as of the date of the institution of foreclosure proceedings, but not in excess of $75; or (b) Two-thirds of the foreclosure costs or the costs of acquiring the property otherwise.

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