### Question
How does HOMEOWNERS PROTECTION define mortgagee?


### Answer
Under *12 U.S.C. § 4901*, **mortgagee** is defined as:

> the holder of a residential mortgage at the time at which that mortgage transaction is consummated

#### Citation:
  - *12 U.S.C. § 4901*
  - Heading: **CHAPTER 49-HOMEOWNERS PROTECTION**

