40 Tex. Admin. Code § 177.1 - Definitions
The following words and terms when used in this section, shall have the following meanings, unless the context clearly indicates otherwise.
(1) Administrator--The
entity appointed by the board to assist the board in administering the
processing of loan applications under these sections.
(2) Board--The Veterans Land Board of the
State of Texas.
(3) Bona fide
resident--An individual actually living within the State of Texas with the
intention to so remain.
(4)
Chairman--The commissioner of the General Land Office who is also chairman of
the Veterans Land Board.
(5)
Covenants--The bond covenants undertaken by the Veterans Land Board in
association with the sale of bonds.
(6) FHA--The Federal Housing Administration
of the Department of Housing and Urban Development of the United States of
America or any successor thereto.
(7) FHLMC--Federal Home Loan Mortgage
Corporation or any successor thereto.
(8) FNMA--Federal National Mortgage
Association or any successor thereto.
(9) FSLIC--The Federal Savings and Loan
Insurance Corporation.
(10)
Fund--The veterans housing assistance fund.
(11) Missing/Missing in Action--To have an
official designation of "missing status" as provided by Title 37, Chapter 10 of
the United States Code. The term "missing status" means the status of members
of a uniformed service who are officially carried or determined to be absent in
a status of missing; missing in action; interned in a foreign country;
captured, beleaguered, or besieged by a hostile force; or detained in a foreign
country against their will.
(12)
Participating lending institution--Any bank, trust company, savings bank,
national banking association, savings and loan association, building and loan
association, mortgage banker, mortgage company, credit union, life insurance
company, or other financial institution that customarily provides services or
aids in the financing of mortgages on single-family residential housing,
including a holding company for any of the foregoing, which has sought and
received approval to participate in the Veterans Housing Assistance
Program.
(13) Program--The Veterans
Housing Assistance Program.
(14)
VA--The United States Department of Veterans Affairs or any successor
thereto.
(15) VA guaranty--A
guaranty of a mortgage loan by the VA under the Serviceman's Readjustment Act
of 1944 as amended.
Notes
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