eligible mortgage

(3) Eligible mortgage The term “eligible mortgage” means a mortgage— (A) the mortgagor of which— (i) occupies such property as his or her principal residence; and (ii) cannot, subject to such standards established by the Secretary, afford his or her mortgage payments; and (B) originated on or before January 1, 2008 .

Source

12 USC § 1715z-23(s)()(3)


Scoping language

For purposes of this section
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