The right to redeem provided for by [section 2410(c) of title 28](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title28-section2410/c&num=0&edition=prelim), shall not arise in any case in which the subordinate lien or interest of the United States derives from the issuance of insurance under the National Housing Act, as amended [[12 U.S.C. 1701](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1701&num=0&edition=prelim) et seq.].
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Stable record: federal_law:legal_authorities:record_usc_52bb435e8b3cc3715c6ead4c Source file: Laws/federal/codes/united-states-code/title-12/section-1713-right-to-redeem-property-on-which-united-states-has-lien--4fd7098b48.md Pages: Not recorded – Not recorded Passage SHA-256: 766d83c1ffbb1f0e2bb89ab707875ee1048d669232ffe58d7cab5430e61a84c7 Retained source evidence SHA-256: a6e856827ebafd01ce4f837cde9d7657976624112774b798f7eac72057dabf80
Source location: Title 12, Chapter 13, § 1713; chapter-013-national-housing.md
Stored source content
The right to redeem provided for by [section 2410(c) of title 28](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title28-section2410/c&num=0&edition=prelim), shall not arise in any case in which the subordinate lien or interest of the United States derives from the issuance of insurance under the National Housing Act, as amended [[12 U.S.C. 1701](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1701&num=0&edition=prelim) et seq.].
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Secretary of Housing and Urban Development shall collect and maintain information regarding early defaults on mortgages as provided under this section. The Secretary shall make such information available for public inspection upon request. Information shall be collected quarterly with respect to each applicable collection period (as such term is defined in subsection (c)) and shall be available for inspection not more than 30 days after the conclusion of the calendar quarter relating to each such period. Information shall first be made available under this section for the applicable collection period relating to the first calendar quarter ending more than 180 days after November 28, 1990.
**(b) Contents**
(1) **Mortgage lender analysis** — Information collected under this section shall include, for each lender originating mortgages during the applicable collection period that are insured pursuant to [section 1709 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1709&num=0&edition=prelim) and secured by property in a designated census tract, the following information with respect to such mortgages:
(A) The name of the lender and the number of each designated census tract in which the lender originated 1 or more such mortgages during the applicable collection period.
(B) The total number of such mortgages originated by such lender during the applicable collection period in each designated census tract and the number of mortgages originated each year in each designated census tract.
(C) The total number of defaults and foreclosures on such mortgages during the applicable collection period in each designated census tract and the number of defaults and foreclosures in each designated census tract in
Stored review status: release_metadata_unconfirmed. The source passage cites 12 U.S.C. § 1701. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
§ 1701. Short title
This chapter may be cited as the ‘‘National
Housing Act.’’
Page 425
TITLE 12—BANKS AND BANKING
§ 1701
(June 27, 1934, ch. 847, 48 Stat. 1246.)
Editorial Notes
REFERENCES IN TEXT
This chapter, referred to in text, was in the original
‘‘this Act’’, meaning act June 27, 1934, ch. 847, 48 Stat.
1246, which is classified principally to this chapter
(§ 1701 et seq.). For complete classification of this Act
to the Code, see Tables.
Statutory Notes and Related Subsidiaries
SHORT TITLE OF 2019 AMENDMENT
Pub. L. 116–33, § 1, July 25, 2019, 133 Stat. 1038, pro-
vided that: ‘‘This Act [amending section 1721 of this
title and section 3709 of Title 38, Veterans’ Benefits,
and enacting provisions set out as a note under section
1721 of this title] may be cited as the ‘Protecting Af-
fordable Mortgages for Veterans Act of 2019’.’’
SHORT TITLE OF 2013 AMENDMENT
Pub. L. 113–29, § 1, Aug. 9, 2013, 127 Stat. 509, provided
that: ‘‘This Act [amending section 1715z–20 of this title]
may be cited as the ‘Reverse Mortgage Stabilization
Act of 2013’.’’
SHORT TITLE OF 2011 AMENDMENT
Pub. L. 111–372, § 1(a), Jan. 4, 2011, 124 Stat. 4077, pro-
vided that: ‘‘This Act [amending sections 1701q and
1701q–2 of this title and section 1437f of Title 42, The
Public Health and Welfare, and amending provisions
set out as notes under section 1701q of this title] may
be cited as the ‘Section 202 Supportive Housing for the
Elderly Act of 2010’.’’
SHORT TITLE OF 2010 AMENDMENT
Pub. L. 111–203, title XIV, § 1441, July 21, 2010, 124
Stat. 2163, provided that: ‘‘This subtitle [subtitle D
(§§ 1441–1452) of title XIV of Pub. L. 111–203, enacting
sections 1701p–2 and 1701x–1 of this title and section 8108
of Title 42, The Public Health and Welfare, and amend-
ing secti
Stored review status: historical_2024_not_currentness_verified. The source passage cites 12 U.S.C. § 1701. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
§ 1713. Rental housing insurance
(a) Definitions
As used in this section—
(1) The term ‘‘mortgage’’ means a first mort-
gage on real estate in fee simple, or on the in-
terest of either the lessor or lessee thereof (A)
under a lease for not less than ninety-nine
years which is renewable or (B) under a lease
having a period of not less than fifty years to
run from the date the mortgage was executed,
upon which there is located or upon which
there is to be constructed a building or build-
ings designed principally for residential use,
or upon which there is located or to be con-
structed facilities for manufactured homes,
and the term ‘‘first mortgage’’ means such
classes of first liens as are commonly given to
secure advances (including but not being lim-
ited to advances during construction) on, or
the unpaid purchase price of, real estate under
the laws of the State, in which the real estate
is located, together with the credit instrument
or instruments, if any, secured thereby, and
may be in the form of trust mortgages or
mortgage indentures or deeds of trust securing
notes, bonds, or other credit instruments.
(2) The term ‘‘mortgagee’’ means the origi-
nal lender under a mortgage, and its succes-
sors and assigns, and includes the holders of
credit instruments issued under a trust mort-
gage or deed of trust pursuant to which such
holders act by and through a trustee therein
named.
(3) The term ‘‘mortgagor’’ means the origi-
nal borrower under a mortgage and its succes-
sors and assigns.
(4) The term ‘‘maturity date’’ means the
date on which the mortgage indebtedness
Page 573
TITLE 12—BANKS AND BANKING
§ 1713
would be extinguished if paid in accordance
with the periodic payments provided for in the
mortgage.
(5) The term ‘‘slum or blig