Sec. 819. mortgage proceeds fraudulently misappropriated by mortgagor
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## Sec. 819 mortgage proceeds fraudulently misappropriated by mortgagor **[**[12 U.S.C. 1701l–1](/us/usc/t12/s1701l–1)**]** The Secretary of Housing and Urban Development shall take action to secure the payment of any deficiency after foreclosure on a mortgage insured or assisted under Federal law where the Secretary has reason to believe that mortgage proceeds have been fraudulently misappropriated by the mortgagor. * * * * * * *
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- 12 USC 1701l–1
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Sec. 819
mortgage proceeds fraudulently misappropriated by mortgagor
Cite12 USC 1701l–1
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