24 C.F.R. § 30.10 Definitions.
Title 24 - Housing and Urban Development
Since this part is primarily procedural, terms not defined in this section shall have the meanings given them in relevant program regulations. Comprehensive definitions are in 24 CFR part 4 (HUD Reform Act). The terms ALJ, Department, HUD, and Secretary are defined in 24 CFR part 5. Agent. Any person, including an officer, director, partner, or trustee, who acts on behalf of another person. Dealer. A seller, contractor or supplier of goods or services having a direct or indirect financial interest in the transaction between the borrower and the lender, and who assists the borrower in preparing the credit application or otherwise assists the borrower in obtaining the loan from the lender. Knowing or Knowingly. Having actual knowledge of or acting with deliberate ignorance of or reckless disregard for the prohibitions under subpart B of this part or under 24 CFR part 4. Loan correspondent. A lender or loan correspondent as defined at §202.2 of this title. Material or Materially. In some significant respect or to some significant degree. Person. An individual, corporation, company, association, authority, firm, partnership, society, State, local government or agency thereof, or any other organization or group of people. Respondent. A person against whom a civil money penalty action is initiated.
Title 24: Housing and Urban Development
PART 30—CIVIL MONEY PENALTIES: CERTAIN PROHIBITED CONDUCT
Subpart A—General
§ 30.10 Definitions.
