### Question
How does the law define mortgagee?


### Answer
Under *12 U.S.C. § 1749aaa*, **mortgagee** is defined as:

> the original lender under a mortgage, and his or its successors and assigns, and includes the holders of credit instruments issued under a trust mortgage or deed of trust pursuant to which such holders act by and through a trustee named therein

#### Citation:
  - *12 U.S.C. § 1749aaa*
  - Heading: **CHAPTER 13-NATIONAL HOUSING > SUBCHAPTER IXdashB-MORTGAGE INSURANCE FOR GROUP PRACTICE FACILITIES AND MEDICAL PRACTICE FACILITIES**

