§ 1715f. — Process of applications and issuance of commitments.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC1715f]
TITLE 12--BANKS AND BANKING
CHAPTER 13--NATIONAL HOUSING
SUBCHAPTER II--MORTGAGE INSURANCE
Sec. 1715f. Process of applications and issuance of commitments
The Secretary is authorized to process applications and issue
commitments with respect to insurance of mortgages under section 1706c
of this title and subchapter II, VI, VIII, or X of this chapter, even
though the permanent mortgage financing may not be insured under this
chapter, and in the event the mortgage is not so insured the Secretary
is authorized to charge an additional application fee determined by him
to be reasonable. The Secretary is authorized to make such rules and
regulations as may be necessary to carry out the provisions of this
section.
(June 27, 1934, ch. 847, title II, Sec. 215, as added Apr. 20, 1950, ch.
94, title I, Sec. 115, 64 Stat. 56; amended Sept. 1, 1951, ch. 378,
title II, Sec. 204, 65 Stat. 303; Pub. L. 90-19, Sec. 1(a)(3), May 25,
1967, 81 Stat. 17.)
Amendments
1967--Pub. L. 90-19 substituted ``Secretary'' for ``Commissioner''
wherever appearing.
1951--Act Sept. 1, 1951, inserted a reference to subchapter X of
this chapter.
Section Referred to in Other Sections
This section is referred to in title 42 section 1591a.
