§1735f–17. Examinations and sanctions for certain violations — Inbound Citations

Citations to 12 U.S.C. § 1735f–17 as a whole

• 12 U.S.C. § 1709(u)(1)

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  (1) No mortgagee may make or hold mortgages insured under this section if the customary lending practices of the mortgagee, as determined by the Secretary pursuant to section 1735f–17 of this title, provide for a variation in mortgage charge rates that exceeds 2 percent for insured mortgages made by the mortgagee on dwellings located within an area. The Secretary shall ensure that any permissible variations in the mortgage charge rates of any mortgagee are based only on actual variations in fees or costs to the mortgagee to make the loan.