Title 12, Banks and BankingRelease 119-73not60
§1749aaa–2 Payment of Insurance Benefits
Title 12 › Chapter 13— NATIONAL HOUSING › Subchapter IX–B— MORTGAGE INSURANCE FOR GROUP PRACTICE FACILITIES AND MEDICAL PRACTICE FACILITIES › § 1749aaa–2
Summary
Mortgage lenders get insurance payments the same way section 1713 says for its insured mortgages. Subsections (g), (h), (i), (j), (k), (l), and (n) of section 1713 apply here, and any mention of section 1713 in those parts should be read as referring to this subchapter.
Full Legal Text
Title 12, §1749aaa–2
Banks and Banking, Source: USLM XML via OLRC
The mortgagee shall be entitled to receive the benefits of the insurance under this subchapter in the manner provided in subsection (g) of section 1713 of this title with respect to mortgages insured under that section. For such purpose the provisions of subsections (g), (h), (i), (j), (k), (l), and (n) of such section 1713 shall apply to mortgages insured under this subchapter and all references in such subsections to such section 1713 shall be deemed to refer to this subchapter.
Reference
Citations & Metadata
Citation
12 U.S.C. § 1749aaa–2
Title 12, Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60