Scheme: 
HUDOHALJ0001
Case Type Number: 
18
Statute (Common Name): 
National Housing Act
Program Area: 
Housing
Legal Authorities (Statute/Exec. Order): 
12 USC 1703
Regulatory Authorities (CFR): 
24 CFR 30.60; 24 CFR pt. 26, supbt. B
Filed By: 
Federal Agency
Brief Description of Case Type: 
Proceedings in which a dealer or third-party originator may challenge a HUD complaint for civil penalties based on a material and knowing violation of the NHA, including: falsifying statements on HUD credit application; falsely certifying that lender that loan proceeds will be used for eligible improvements; making false representation about credit-worthiness of borrower of eligibility of improvements. 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