---
type: "LegalText"
title: "18 U.S.C. § 1011"
description: "Federal land bank mortgage transactions"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 18
title_name: "CRIMES AND CRIMINAL PROCEDURE"
chapter_number: "47"
chapter_name: "FRAUD AND FALSE STATEMENTS"
section: "1011"
citation: "18 U.S.C. § 1011"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc18@119-100.zip"
source_identifier: "/us/usc/t18/s1011"
source_file: "data/legal/raw/us/code/title-18/usc18.xml"
source_hash: "2f78a336faf2fdb6d82af1f8b794888bc90cd6cec9f4a736cae26eee9d93ddea"
raw_snapshot_hash: "1a1bbbbdb59e376ada4eb7ad1056fd68d396679ee7ab59f0561af15006122708"
text_hash: "3e987015c9cb62a5390d61caa1c487dfc41d003cdbf9e7984e13f37f57d8850a"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 18 U.S.C. § 1011 - Federal land bank mortgage transactions

## Text

Whoever, being a mortgagee, knowingly makes any false statement in any paper, proposal, or letter, relating to the sale of any mortgage, to any Federal land bank; or Whoever, being an appraiser, willfully over-values any land securing such mortgage— Shall be fined under this title or imprisoned not more than one year, or both.

(June 25, 1948, ch. 645, 62 Stat. 751; Pub. L. 103–322, title XXXIII, § 330016(1)(K), Sept. 13, 1994, 108 Stat. 2147.)

## Notes

Historical and Revision NotesBased on section 987 of title 12, U.S.C., 1940 ed., Banks and Banking (July 17, 1916, ch. 245, § 31, seventh paragraph, as added June 16, 1933, ch. 98, § 78, 48 Stat. 272). Minor changes were made in phraseology.

Editorial Notes

Amendments1994—Pub. L. 103–322 substituted “fined under this title” for “fined not more than $5,000” in last par.