FHA Single Family Housing Policy Handbook 4000.1, V. QUALITY CONTROL, OVERSIGHT, AND COMPLIANCE > E. ENFORCEMENT > 5. Actions and Sanctions Against Individuals and Other Program Participants — d. Civil Money Penalties
HUD effective date: 09/14/2015 · section V.E.5 · Handbook 4000.1
FHA Single Family Housing Policy Handbook 4000.1, Part V — d. Civil Money Penalties (09/14/2015).
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Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, V. QUALITY CONTROL, OVERSIGHT, AND COMPLIANCE > E. ENFORCEMENT > 5. Actions and Sanctions Against Individuals and Other Program Participants — d. Civil Money Penalties — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
FHA Single Family Housing Policy Handbook 4000.1, Part V — d. Civil Money Penalties (09/14/2015)
d. Civil Money Penalties (09/14/2015) The Assistant Secretary for Housing - Federal Housing Commissioner or its designee is authorized to pursue civil money penalties against any principal, officer, or employee of a Mortgagee, or other participants in a Mortgage insured by FHA, including, but not limited to: • sellers • Borrowers • Closing Agents • title companies • real estate agents • mortgage brokers • Appraisers • sponsored TPOs • dealers • consultants V. QUALITY CONTROL, OVERSIGHT, AND COMPLIANCE E. Enforcement 5. Actions and Sanctions Against Individuals and Other Program Participants • contractors • subcontractors • inspectors The Assistant Secretary for Housing - Federal Housing Commissioner or its designee is authorized to pursue civil money penalties against program participants who knowingly and materially violate FHA requirements as set forth in 24 CFR § 30.36.
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