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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 13— NATIONAL HOUSING · § 1701l–1

§ 1701l–1. Mortgage proceeds fraudulently misappropriated by mortgagor; recovery of deficiency after foreclosure

92 words·~1 min read·/usc/title-12/section-1701l-1

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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 the mortgage proceeds have been fraudulently misappropriated by the mortgagor. ( Pub. L. 93–383, title VIII, § 819 , Aug. 22, 1974 , 88 Stat. 740 .)
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  • Pub. L. 93-383
  • 88 Stat. 740
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§ 1701l–1
Mortgage proceeds fraudulently misappropriated by mortgagor; recovery of deficiency after foreclosure
Pub. L.Pub. L. 93-383
Stat.88 Stat. 740
Cites 2Cited by 0 across 0 sources
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