reinsurance agreement

(3) The term “reinsurance agreement” means a contractual obligation under which the Secretary, in exchange for appropriate compensation, agrees to assume a specified portion of the risk of loss that a lender or other party has previously assumed with respect to a mortgage on a multifamily housing property.

Source

12 USC § 1715z-22a(3)

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Scoping language

None identified, default scope is assumed to be the parent (subchapter II) of this section.

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