Housing Enforcement Act of 1996

Summary

TABLE OF CONTENTS: Title I: FHA Single Family and Multifamily Title II: FHA Multifamily Housing Enforcement Act of 1996 - Title I: FHA Single Family and Multifamily - Amends the National Housing Act (Act) to exempt the Mortgage Review Board (Board) from certain bankruptcy stay provisions. Authorizes the Board to immediately suspend a mortgage under specified conditions. (Sec. 12) Extends (and increases) equity skimming penalties to 1-to-4 family residences. Expands the scope of penalties for mortgagees, lenders, and other Federal Housing Administration (FHA) program participants. Title II: FHA Multifamily - Amends the Act to extend certain multifamily mortgagor civil penalties (and the scope of such penalties) to general partners of a partnership mortgagor, or officers or directors of corporate mortgagors. (Sec. 21) Amends the United States Housing Act of 1937 to establish civil money penalties for specified rental housing (section 8) violations by owners and other liable parties.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 27 June 1996

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• Introduced in House (PDF)

  Introduced in House · EN · 27 June 1996

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• Introduced in House

  summary · EN · 27 June 1996

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