### Question
How is the "mortgagee" defined?


### Answer
The term **mortgagee** is defined in *12 U.S.C. § 1749aaa* as follows -

> 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 12-SAVINGS ASSOCIATIONS > SUBCHAPTER IX&ndash;B-MORTGAGE INSURANCE FOR GROUP PRACTICE FACILITIES AND MEDICAL PRACTICE FACILITIES**

