§1735f–14. Civil money penalties against mortgagees, lenders, and other participants in FHA programs — Inbound Citations
12 U.S.C. § 1735f–14
Cited by 5 provisions in release 119-102.
Citations to 12 U.S.C. § 1735f–14 as a whole
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(a) Authority to insure financial institutions
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(2) If the Secretary determines that any lender or holder of a guarantee certificate under subsection (c) has intentionally failed to maintain adequate accounting records, to adequately service loans guaranteed under this section, or to exercise proper credit or underwriting judgment, the Secretary may impose a civil money penalty on such lender or holder in the manner and amount provided under section 536 of the National Housing Act [12 U.S.C. 1735f–14] with respect to mortgagees and lenders under such Act.
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(B) A civil monetary penalty imposed under this paragraph shall be imposed in the manner and be in an amount provided under section 536 of the National Housing Act [12 U.S.C. 1735f–14] with respect to mortgagees and lenders under that Act.
Citations to §1735f–14(a)
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(2) The Secretary may impose a civil money penalty for any knowing and material violation of paragraph (1) under the same terms and conditions as are authorized in section 1735f–14(a) of this title.
Citations to §1735f–14(g)
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(a) Authority to insure financial institutions