To enhance the effectiveness of enforcement provisions relating to single family and multifamily housing, and for other purposes.
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.
Introduced in House
Introduced in House
Referred to the Committee on Banking and Financial Services, and in addition to the Committees on the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Banking and Financial Services, and in addition to the Committees on the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Banking and Financial Services, and in addition to the Committees on the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Banking and Financial Services, and in addition to the Committees on the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Housing and Community Opportunity.
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