Mortgage Insurance or Guarantee

12 GCA § 4215 — under Guam Housing Corporation.

12 GCA § 4215

If it is necessary to encourage participation in the program by Financial Institutions, the Corporation may enter cooperative programs to obtain mortgage risk insurance or guarantee loans against losses as a result of default and subsequent foreclosure.

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ARTICLE 3 GOVERNMENT PARTICIPATION LOAN ACT

SOURCE: This entire Article was added by P.L. 21-99:3.