### Question
How is the "eligible asset" defined?


### Answer
The term **eligible asset** is defined in *12 U.S.C. § 1710* as follows -

> an asset described in paragraph (2)

#### Citation:
  - *12 U.S.C. § 1710*
  - Heading: **CHAPTER 13-NATIONAL HOUSING > SUBCHAPTER II-MORTGAGE INSURANCE**

