Mortgage-Related Assets [Banks & Banking] Law and Legal Definition
Pursuant to 12 USCS § 1441a-1 (3) [Title 12. Banks and Banking; Chapter 11. Federal Home Loan Banks], the term mortgage-related assets means—
“ (A) residential mortgage loans secured by 1- to 4-family or multifamily dwellings; and
(B) real property improved with 1- to 4-family or multifamily residential dwellings, which are located within the jurisdiction of the applicable State housing finance authority or within the geographical area served by the nonprofit entity.”