### Question
How does NATIONAL HOUSING define substitute mortgagor?


### Answer
Under *12 U.S.C. § 1709*, **substitute mortgagor** is defined as:

> a person who, upon the release by a mortgagee of a previous mortgagor from personal liability on the mortgage note, assumes such liability and agrees to pay the mortgage debt

#### Citation:
  - *12 U.S.C. § 1709*
  - Heading: **CHAPTER 13-NATIONAL HOUSING > SUBCHAPTER II-MORTGAGE INSURANCE**

