Section 1005.203 - Lender Applicants deemed approved by statuteThe following Lender Applicants are deemed approved by statute:
(a) Any mortgagee approved by HUD for participation in the single-family mortgage insurance program under title II of the National Housing Act;(b) Any Lender Applicant whose housing loan under chapter 37 of title 38, United States Code are automatically guaranteed pursuant to 38 U.S.C. 3702(d) ;(c) Any Lender Applicant approved by the U.S. Department of Agriculture to make Guaranteed Loans for single family housing under the Housing Act of 1949; and(d) Any other Lender Applicant that is supervised, approved, regulated, or insured by any other Federal agency of the United States, including but not limited to Community Development Financial Institutions.