Mortgage Impairment After Conveyance – (CLTA 111.4-06)

Provides coverage to the Lender and HUD (or, with modification, a comparable government agency acting as guarantor) in the event that a conveyance of the land and release of the original mortgagor impairs the lien or priority of the insured mortgage (e.g., such as may occur if the circumstances create a novation).

clta111.4-06 CLTA 111.4-06