{"data":{"id":"us/12-u.s.c.-1701l-1","jurisdiction":"us","citation":"12 U.S.C. § 1701l–1","heading":"Mortgage proceeds fraudulently misappropriated by mortgagor; recovery of deficiency after foreclosure","body":"The Secretary of Housing and Urban Development shall take action to secure the payment of any deficiency after foreclosure on a mortgage insured or assisted under Federal law where the Secretary has reason to believe that the mortgage proceeds have been fraudulently misappropriated by the mortgagor.","path":["Title 12—BANKS AND BANKING","CHAPTER 13—NATIONAL HOUSING"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc12@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:56:24Z","sha256":"d9ffafe3f0780d8fe3189784942ef30f7f2c7f63cf39d6712d4d62c146185041","source_id":"us","stale":true,"prev":"us/12-u.s.c.-1701l","next":"us/12-u.s.c.-1701m"},"notice":"GroundRules: Original legal text. Not legal advice."}