§ 221.1 Savings clause

Terms Used In CFR > Title 24 > Subtitle B > Chapter II > Subchapter B > Part 221 > Subpart A - Eligibility Requirements--Low Cost Homes--Savings Clause

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • depository institution: includes a U. See 12 CFR 1500.8
  • financial holding company: as used in this part means the financial holding company and all of its subsidiaries, including a private equity fund or other fund controlled by the financial holding company. See 12 CFR 1500.8
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.