single family mortgage

(10) Single family mortgage The term “single family mortgage” means a mortgage that covers property on which there is located a 1- to 4-family residence, and that— (A) is held by the Secretary pursuant to title I or title II of the National Housing Act [ 12 U.S.C. 1702 et seq., 1707 et seq.]; or (B) secures a loan obligated by the Secretary under section 1452b of title 42 , as it existed before the repeal of that section by section 12839 of title 42 (except that a mortgage securing such a loan that covers property containing nonresidential space and a 1- to 4-family dwelling shall not be subject to this chapter).

Source

12 USC § 3752(10)


Scoping language

For purposes of this chapter
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