12 USC 1706f - Prohibition against kickbacks and unearned fees

U.S Code last checked for updates: Apr 29, 2024

§ 1706f.

Prohibition against kickbacks and unearned fees

(a)

In general

(b)

Authority of the Secretary

(c)

Definitions

For purposes of this section—

(1)

the term “federally related mortgage loan” as used in sections 2602, 2607, 2614, 2615, 2616, and 2617 of this title shall include an FHA-insured loan or extension of credit made to a borrower for the purpose of purchasing a manufactured home that the borrower intends to occupy as a personal residence; and

(2)

the term “real estate settlement service” as used in sections 2602, 2607, 2614, 2615, 2616, and 2617 of this title shall include any service rendered in connection with a loan or extension of credit insured by the Federal Housing Administration for the purchase of a manufactured home.

(d)

Unfair and deceptive practices

(June 27, 1934, ch. 847, title I, § 10, as added Pub. L. 110–289, div. B, title I, § 2149, July 30, 2008, 122 Stat. 2847.)

cite as: 12 USC 1706f