Title 12, Banks and BankingRelease 119-110

§1706f Prohibition Against Kickbacks and Unearned Fees

Title 12 › CHAPTER 13 — NATIONAL HOUSING › SUBCHAPTER I — HOUSING RENOVATION AND MODERNIZATION › § 1706f

Last updated Sep 22, 2026|Official source

Summary

Makes the federal rules in sections 2602, 2607, 2614, 2615, 2616, and 2617 apply to sales of manufactured homes that are paid for with FHA-insured loans and to any services tied to those deals. The Secretary of Housing can decide how those rules should be used, how much they should apply, and can allow exceptions when needed. The Secretary must also stop practices in these FHA-backed purchases that are unfair, deceptive, or not in the borrower’s interest. Federally related mortgage loan — an FHA-insured loan to buy a manufactured home the borrower will live in. Real estate settlement service — any service connected with an FHA-insured loan for buying a manufactured home.

Full Legal Text

Title 12, §1706f

Banks and Banking, Source: USLM XML via OLRC

(a)In general

Except as provided in subsection (b), the provisions of section 2602, 2607, 2614, 2615, 2616, and 2617 of this title shall apply to each sale of a manufactured home financed with an FHA-insured loan or extension of credit, as well as to services rendered in connection with such transactions.

(b)Authority of the Secretary

The Secretary is authorized to determine the manner and extent to which the provisions of section 2602, 2607, 2614, 2615, 2616, and 2617 of this title may reasonably be applied to the transactions described in subsection (a), and to grant such exemptions as may be necessary to achieve the purposes of this section.

(c)Definitions

For purposes of this section

(1)

(2)the term “real estate settlement service” as used in section 2602, 2607, 2614, 2615, 2616, and 2617 of this title shall include any service rendered in connection with a loan or extension of credit insured by the Federal Housing Administration for the purchase of a manufactured home.

(d)Unfair and deceptive practices

In connection with the purchase of a manufactured home financed with a loan or extension of credit insured by the Federal Housing Administration under this subchapter, the Secretary shall prohibit acts or practices in connection with loans or extensions of credit that the Secretary finds to be unfair, deceptive, or otherwise not in the interests of the borrower.

Reference

Citations & Metadata

Citation

12 U.S.C. § 1706f

Title 12, Banks and Banking

Last Updated

Sep 22, 2026

Release point: 119-110