covered mortgage obligation

(2) the term “covered mortgage obligation” means any indebtedness or debt instrument incurred in the ordinary course of business that— (A) is a liability of the borrower; (B) is a mortgage on real or personal property; and (C) was incurred before February 15, 2020 ;


15 USC § 9005(a)(2)

Scoping language

In this section
Is this correct? or