Fabio
76b8ec33a7
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
42 lines
1.7 KiB
Markdown
42 lines
1.7 KiB
Markdown
---
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type: "LegalText"
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title: "12 U.S.C. § 1701l–1"
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description: "Mortgage proceeds fraudulently misappropriated by mortgagor; recovery of deficiency after foreclosure"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 12
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title_name: "BANKS AND BANKING"
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chapter_number: "13"
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chapter_name: "NATIONAL HOUSING"
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section: "1701l–1"
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citation: "12 U.S.C. § 1701l–1"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
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source_identifier: "/us/usc/t12/s1701l–1"
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source_file: "data/legal/raw/us/code/title-12/usc12.xml"
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source_hash: "e8de763cec876307c2e0218fb845170705fed86ae076a5d56784dca0b0c39bc7"
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raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
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text_hash: "e0e4a947b0ac2abf1c126495a54ecc7390894a7f14433a536381f124bc01a264"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 12 U.S.C. § 1701l–1 - Mortgage proceeds fraudulently misappropriated by mortgagor; recovery of deficiency after foreclosure
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## Text
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The Secretary of Housing and Urban Development shall take action to secure the payment of any deficiency after foreclosure on a mortgage insured or assisted under Federal law where the Secretary has reason to believe that the mortgage proceeds have been fraudulently misappropriated by the mortgagor.
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(Pub. L. 93–383, title VIII, § 819, Aug. 22, 1974, 88 Stat. 740.)
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## Notes
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Editorial Notes
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Codification Section was enacted as part of the Housing and Community Development Act of 1974, and not as part of the National Housing Act which comprises this chapter.
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