Scheme: 
HUDOHALJ0001
Case Type Number: 
16
Statute (Common Name): 
National Housing Act (Title III)
Program Area: 
Housing
Legal Authorities (Statute/Exec. Order): 
12 USC 1723i(b)
Regulatory Authorities (CFR): 
24 CFR 30.50; 26 CFR pt. 26, subpt. B
Filed By: 
Federal Agency
Brief Description of Case Type: 
Proceedings in which a Government National Mortgage Association (GNMA) issuer or custodian may challenge action for civil penalties by GNMA President (or designee) for material and knowing violations of Title III of the NHA or implementing regulations, contractual agreements, participant letter, or settlement agreement. maximum penalty is $8,500 per violation up to a maximum of $1,525,00 during any one-year period.
Relief Available in Actions Filed by Agency: 
Civil (Monetary) Penalty
Verified by Agency: 
Not verified