### Question
How is the term unamortized insurance-in-force defined?


### Answer
The term **unamortized insurance-in-force** is defined in *12 U.S.C. § 1711* as the following:

> the remaining obligation on outstanding mortgages which are obligations of the Mutual Mortgage Insurance Fund, as estimated by the Secretary

#### Citation:
  - *12 U.S.C. § 1711*
  - Heading: **CHAPTER 13-NATIONAL HOUSING > SUBCHAPTER II-MORTGAGE INSURANCE**

