[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: 24CFR81.81]



[Page 464-465]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 81_THE SECRETARY OF HUD'S REGULATION OF THE FEDERAL NATIONAL 

MORTGAGE ASSOCIATION (FANNIE MAE) AND THE FEDERAL HOME LOAN MORTGAGE 

CORPORATION (FREDDIE MAC)--Table of Contents

 

         Subpart G_Procedures for Actions and Review of Actions

 

Sec.  81.81  General.





    This subpart sets forth procedures for:

    (a) The Secretary to issue cease-and-desist orders and impose civil 

money penalties to enforce the housing goal



[[Page 465]]



provisions implemented in subpart B of this part and the information 

submission and reporting requirements implemented in subpart E of this 

part; and

    (b) Hearings, in accordance with 12 U.S.C. 4542(c)(4)(B), on the 

Secretary's disapproval of new programs that the Secretary determines 

are not in the public interest.