FEDERAL · 18 U.S.C. · Chapter 47
Federal land bank mortgage transactions
Current through Pub. L. 119-102
Whoever, being a mortgagee, knowingly makes any false statement in any paper, proposal, or letter, relating to the sale of any mortgage, to any Federal land bank; or
Whoever, being an appraiser, willfully over-values any land securing such mortgage—
Shall be fined under this title or imprisoned not more than one year, or both.
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18 U.S.C. § 1011 (Federal land bank mortgage transactions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
United States v. Wells
519 U.S. 482 (Supreme Court, 1997)
United States v. Michael E. Gaudin
28 F.3d 943 (Ninth Circuit, 1994)
United States v. Alvarez
617 F.3d 1198 (Ninth Circuit, 2010)
United States v. Pavlick
507 F. Supp. 359 (M.D. Pennsylvania, 1980)
Paul Jackson v. Wells Fargo Bank, National Association
(Eleventh Circuit, 2023)
United States v. Victor Lebron
(Fourth Circuit, 2021)
Source Credit
History
(June 25, 1948, ch. 645, 62 Stat. 751; Pub. L. 103–322, title XXXIII, §330016(1)(K), Sept. 13, 1994, 108 Stat. 2147.)
Editorial Notes
Historical and Revision Notes
Based on section 987 of title 12, U.S.C., 1940 ed., Banks and Banking (July 17, 1916, ch. 245, §31, seventh paragraph, as added June 16, 1933, ch. 98, §78, 48 Stat. 272).
Minor changes were made in phraseology.
Editorial Notes
Amendments
1994—Pub. L. 103–322 substituted "fined under this title" for "fined not more than $5,000" in last par.
Based on section 987 of title 12, U.S.C., 1940 ed., Banks and Banking (July 17, 1916, ch. 245, §31, seventh paragraph, as added June 16, 1933, ch. 98, §78, 48 Stat. 272).
Minor changes were made in phraseology.
Editorial Notes
Amendments
1994—Pub. L. 103–322 substituted "fined under this title" for "fined not more than $5,000" in last par.