Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Higher-Priced Covered Transaction

Fannie Mae

Updated 10-31-2026

Higher-Priced Covered Transaction

A mortgage loan that meets the corresponding definition under Regulation Z of the Truth in Lending Act, and applies to both principal residences and second homes.

Fannie Mae Glossary of Terms

Fannie Mae · p. 21

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