[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: 24CFR30.10]



[Page 308]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 30_CIVIL MONEY PENALTIES: CERTAIN PROHIBITED CONDUCT--Table of 

Contents

 

                            Subpart A_General

 

Sec.  30.10  Definitions.



    Since this part is primarily procedural, terms not defined in this 

section shall have the meanings given them in relevant program 

regulations. Comprehensive definitions are in 24 CFR part 4 (HUD Reform 

Act). The terms ALJ, Department, HUD, and Secretary are defined in 24 

CFR part 5.

    Agent. Any person, including an officer, director, partner, or 

trustee, who acts on behalf of another person.

    Dealer. A seller, contractor or supplier of goods or services having 

a direct or indirect financial interest in the transaction between the 

borrower and the lender, and who assists the borrower in preparing the 

credit application or otherwise assists the borrower in obtaining the 

loan from the lender.

    Knowing or Knowingly. Having actual knowledge of or acting with 

deliberate ignorance of or reckless disregard for the prohibitions under 

subpart B of this part or under 24 CFR part 4.

    Loan correspondent. A lender or loan correspondent as defined at 

Sec.  202.2 of this title.

    Material or Materially. In some significant respect or to some 

significant degree.

    Person. An individual, corporation, company, association, authority, 

firm, partnership, society, State, local government or agency thereof, 

or any other organization or group of people.

    Respondent. A person against whom a civil money penalty action is 

initiated.