Subpart A General Information
Subpart B Offering, Certifications, and Delivery
Subpart C Determination of Redemption Operation Results; Settlement
Subpart D Miscellaneous Provisions

Terms Used In CFR > Title 31 > Subtitle B > Chapter II > Subchapter A > Part 375

  • Accountant: means any individual who is duly qualified to practice as a certified public accountant or a public accountant in any state, possession, territory, commonwealth, or the District of Columbia. See 31 CFR 375.11
  • Assistant Attorney General: means the Assistant Attorney General, Civil Rights Division, United States Department of Justice. See 30 CFR 250.1451
  • Attorney: means any individual who is a member in good standing of the bar of the highest court of any state, possession, territory, commonwealth, or the District of Columbia. See 31 CFR 375.11
  • Auxiliary aids: means services or devices that enable persons with impaired sensory, manual, or speaking skills to have an equal opportunity to participate in, and enjoy the benefits of, programs or activities conducted by the agency. See 30 CFR 250.1451
  • Borrower: means a mortgagor who is an original borrower under the HECM Loan Agreement and Note. See 24 CFR 206.3
  • Case file: means a BSEE document file containing information and the record of evidence related to the alleged violation. See 30 CFR 250.1402
  • Civil penalty: means a fine. See 30 CFR 250.1402
  • Commissioner: means the Federal Housing Commissioner or the Commissioner's authorized representative. See 24 CFR 206.3
  • Complete complaint: means a written statement that contains the complainant's name and address and describes the agency's alleged discriminatory action in sufficient detail to inform the agency of the nature and date of the alleged violation of section 504. See 30 CFR 250.1451
  • Days: means calendar days, unless otherwise stated. See 30 CFR 250.1451
  • Estate planning service firm: means an individual or entity that is not a mortgagee approved under part 202 of this chapter or a participating agency approved under subpart B of 24 CFR part 214 and that charges a fee that is:

    (1) Contingent on the prospective borrower obtaining a mortgage loan under this part, except the origination fee authorized by §206. See 24 CFR 206.3

  • Facility: means all or any portion of buildings, structures, equipment, roads, walks, parking lots, rolling stock or other conveyances, or other real or personal property. See 30 CFR 250.1451
  • HECM: means a Home Equity Conversion Mortgage. See 24 CFR 206.3
  • Historic preservation programs: means programs conducted by the agency that have preservation of historic properties as a primary purpose. See 30 CFR 250.1451
  • Historic properties: means those properties that are listed or eligible for listing in the National Register of Historic Places or properties designated as historic under a statute of the appropriate State or local government body. See 30 CFR 250.1451
  • Individual with a disability: means any person who has a physical or mental impairment that substantially limits one or more major life activities, has a record of such an impairment, or is regarded as having such an impairment. See 30 CFR 250.1451
  • Insured mortgage: means a mortgage which has been insured as evidenced by the issuance of a Mortgage Insurance Certificate. See 24 CFR 206.3
  • Maximum claim amount: means the lesser of the appraised value of the property, as determined by the appraisal used in underwriting the loan. See 24 CFR 206.3
  • Mortgage: means a first lien on real estate under the laws of the jurisdiction where the real estate is located. See 24 CFR 206.3
  • Mortgagee: means original lender under a mortgage and its successors and assigns, as are approved by the Commissioner. See 24 CFR 206.3
  • Practice before the Board: includes any matters connected with presentations to the Board or to any of its officers or employees relating to a client's rights, privileges or liabilities under laws or regulations administered by the Board. See 31 CFR 375.11
  • Principal residence: means the dwelling where the borrower and, if applicable, Non-Borrowing Spouse, maintain their permanent place of abode, and typically spend the majority of the calendar year. See 24 CFR 206.3
  • Reviewing Officer: means a BSEE employee assigned to review case files and assess civil penalties. See 30 CFR 250.1402
  • Violation: means failure to comply with the Outer Continental Shelf Lands Act (OCSLA) or any other applicable laws, with any regulations issued under the OCSLA, or with the terms or provisions of leases, licenses, permits, rights-of-way, or other approvals issued under the OCSLA. See 30 CFR 250.1402
  • Violator: means a person responsible for a violation. See 30 CFR 250.1402