[Code of Federal Regulations]

[Title 24, Volume 1]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR25.12]



[Page 280]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 25_MORTGAGEE REVIEW BOARD--Table of Contents

 

Sec.  25.12  Civil money penalties.



    The Board is authorized pursuant to section 536 of the National 

Housing Act (12 U.S.C.1735(f)-14) to impose civil money penalties upon 

lenders and mortgagees, as set forth in 24 CFR part 30. The violations 

for which a civil money penalty may be imposed are listed in subpart B 

(Violations) of part 30. Hearings to challenge the imposition of civil 

money penalties shall be conducted according to the applicable rules of 

24 CFR part 30.



[68 FR 12787, Mar. 17, 2003]