### Question
What does mortgagee mean?


### Answer
**Mortgagee** has the following meaning in *12 U.S.C. § 1713*:

> the original lender under a mortgage, and 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 therein named

#### Citation:
  - *12 U.S.C. § 1713*
  - Heading: **CHAPTER 13-NATIONAL HOUSING > SUBCHAPTER II-MORTGAGE INSURANCE**

