Scheme: 
HUDOHALJ0001
Case Type Number: 
3
Statute (Common Name): 
National Housing Act
Program Area: 
Housing
Legal Authorities (Statute/Exec. Order): 
12 USC 1708(c), 12 USC 1735f-14(b)
Regulatory Authorities (CFR): 
24 CFR Part 25; Part 26, Subpart B.
Filed By: 
Federal Agency
Brief Description of Case Type: 
A mortgagee can request review of an administrative action against a lender or mortgagee by the Mortgagee Review Board for probation, suspension, or withdrawal of a mortgage. May also include review of complaint issued by HUD (after approval by majority of Mortgage Review Board) counsel seeking civil monetary penalties for knowing violations. Maximum penalty for most violations is $8,500 per violation up to limit of $1,525,000. Statutory authorities for civil penalties, in addition to National Housing Act, include: Real Estate Settlement Procedures Act; (12 USC 2601 et seq.); Equal Credit Opportunity Act (15 USC 1691 et seq.); and Fair Housing Act (42 USC 3601 et seq.).
Relief Available in Actions Filed by Agency: 
Civil (Monetary) Penalty
Revocation/Suspension/Restriction of Existing Right or Privilege
Other Agency Enforcement Action (General)
Verified by Agency: 
Not verified