18 U.S.C. § 1012 — Department of Housing and Urban Devel-

Page 302 TITLE 18—CRIMES AND CRIMINAL PROCEDURE [§§ 1008, 1009 Editorial Notes AMENDMENTS 1994—Pub. L. 103–322 substituted ‘‘transactions’’ for ‘‘Transactions’’ in section catchline. 1990—Pub. L. 101–647 substituted ‘‘30’’ for ‘‘20’’ before ‘‘years’’. 1989—Pub. L. 101–73 substituted ‘‘Transactions’’ for ‘‘transactions’’ in section catchline and amended text generally. Prior to amendment, text read as follows: ‘‘Whoever, for the purpose of obtaining any loan from the Federal Deposit Insurance Corporation, or any ex- tension or renewals thereof, or the acceptance, release, or substitution of security therefor, or for the purpose of inducing the Federal Deposit Insurance Corporation to purchase any assets, or for the purpose of obtaining the payment of any insured deposit or transferred de- posit or the allowance, approval, or payment of any claim, or for the purpose of influencing in any way the action of the Federal Deposit Insurance Corporation, makes any statement, knowing it to be false, or will- fully overvalues any security, shall be fined not more than $5,000 or imprisoned not more than two years, or both.’’ [§§ 1008, 1009. Repealed. Pub. L. 101–73, title IX, §§ 961(g)(1), 962(a)(3), Aug. 9, 1989, 103 Stat. 500, 502] Section 1008, act June 25, 1948, ch. 645, 62 Stat. 751, provided for fine or imprisonment for certain prohib- ited actions taken to obtain insurance from, or to in- fluence in any way, the Federal Savings and Loan In- surance Corporation. Section 1009, act June 25, 1948, ch. 645, 62 Stat. 751, provided for fine or imprisonment for making certain statements or rumors, untrue in fact, which were de- rogatory or affected solvency or financial condition of the Federal Savings and Loan Insurance Corporation. § 1010. Department of Housing and Urban Devel- opment and Federal Housing Administration transactions Whoever, for the purpose of obtaining any loan or advance of credit from any person, partner- ship, association, or corporation with the intent that such loan or advance of credit shall be of- fered to or accepted by the Department of Hous- ing and Urban Development for insurance, or for the purpose of obtaining any extension or re- newal of any loan, advance of credit, or mort- gage insured by such Department, or the accept- ance, release, or substitution of any security on such a loan, advance of credit, or for the purpose of influencing in any way the action of such De- partment, makes, passes, utters, or publishes any statement, knowing the same to be false, or alters, forges, or counterfeits any instrument, paper, or document, or utters, publishes, or passes as true any instrument, paper, or docu- ment, knowing it to have been altered, forged, or counterfeited, or willfully overvalues any se- curity, asset, or income, shall be fined under this title or imprisoned not more than two years, or both. (June 25, 1948, ch. 645, 62 Stat. 751; Pub. L. 90–19, § 24(c), May 25, 1967, 81 Stat. 28; Pub. L. 103–322, title XXXIII, § 330016(1)(K), Sept. 13, 1994, 108 Stat. 2147.) HISTORICAL AND REVISION NOTES Based on section 1731(a) of title 12, U.S.C., 1940 ed., Banks and Banking (June 27, 1934, ch. 847, § 512(a), 48 Stat. 1265; Feb. 3, 1938, ch. 13, § 9, 52 Stat. 24). Reference to persons causing or procuring was omit- ted as unnecessary in view of definition of ‘‘principal’’ in section 2 of this title. ‘‘$5,000’’ was substituted for ‘‘$3,000’’ to make this sec- tion more consistent in its punishment provisions with comparable sections. (See section 1008 of this title.) Minor changes in phraseology were made. Editorial Notes AMENDMENTS 1994—Pub. L. 103–322 substituted ‘‘fined under this title’’ for ‘‘fined not more than $5,000’’. 1967—Pub. L. 90–19 included reference to Department of Housing and Urban Development in section catchline and substituted in text ‘‘Department of Housing and Urban Development’’ for ‘‘Federal Housing Administra- tion’’ and ‘‘Department’’ for ‘‘Administration’’ in two places, respectively. § 1011. Federal land bank mortgage transactions Whoever, being a mortgagee, knowingly makes any false statement in any paper, pro- posal, or letter, relating to the sale of any mort- gage, 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. (June 25, 1948, ch. 645, 62 Stat. 751; Pub. L. 103–322, title XXXIII, § 330016(1)(K), Sept. 13, 1994, 108 Stat. 2147.) 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 para- graph, 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. § 1012. Department of Housing and Urban Devel- opment transactions Whoever, with intent to defraud, makes any false entry in any book of the Department of Housing and Urban Development or makes any false report or statement to or for such Depart- ment; or Whoever receives any compensation, rebate, or reward, with intent to defraud such Department or with intent unlawfully to defeat its purposes; or Whoever induces or influences such Depart- ment to purchase or acquire any property or to enter into any contract and willfully fails to dis- close any interest which he has in such property or in the property to which such contract re- lates, or any special benefit which he expects to receive as a result of such contract— Shall be fined under this title or imprisoned not more than one year, or both. (June 25, 1948, ch. 645, 62 Stat. 752; Oct. 31, 1951, ch. 655, § 26, 65 Stat. 720; Pub. L. 90–19, § 24(d), May 25, 1967, 81 Stat. 28; Pub. L. 103–322, title XXXIII, § 330016(1)(H), Sept. 13, 1994, 108 Stat. 2147.) HISTORICAL AND REVISION NOTES Based on sections 1423–1425 of title 42, U.S.C., 1940 ed., The Public Health and Welfare (Sept. 1, 1937, ch. 896, §§ 23–25, 50 Stat. 899). Page 303 TITLE 18—CRIMES AND CRIMINAL PROCEDURE § 1014 1 So in original. 2 See References in Text note below. Three sections were consolidated with changes of phraseology and arrangement necessary to effect con- solidation. Words ‘‘upon conviction thereof’’, in each section were omitted as surplusage since punishment cannot be imposed until after conviction. The provisions of section 1424 of title 42, U.S.C., 1940 ed., The Public Health and Welfare, relating to con- spiracy were omitted as inconsistent with the general conspiracy statute, section 371 of this title, both as to punishment and allegation and proof of an overt act. (See reviser’s note under section 493 of this title.) Editorial Notes AMENDMENTS 1994—Pub. L. 103–322 substituted ‘‘fined under this title’’ for ‘‘fined not more than $1,000’’ in last par. 1967—Pub. L. 90–19 substituted ‘‘Department of Hous- ing and Urban Development’’ for ‘‘Public Housing Ad- ministration’’ in section catchline and text, and ‘‘De- partment’’ for ‘‘Administration’’ wherever appearing in text. 1951—Act Oct. 31, 1951, substituted ‘‘Public Housing Administration’’ for ‘‘United States Housing Author- ity’’ in section catchline and text, and ‘‘Administra- tion’’ for ‘‘Authority’’, wherever appearing in text. § 1013. Farm loan bonds and credit bank deben- tures Whoever deceives, defrauds, or imposes upon, or attempts to deceive, defraud, or impose upon any person, partnership, corporation, or associa- tion by making any false pretense or representa- tion concerning the character, issue, security, contents, conditions, or terms of any farm loan bond, or coupon, issued by any Federal land bank or banks; or of any debenture, coupon, or other obligation, issued by any Federal inter- mediate credit bank or banks; or by falsely pre- tending or representing that any farm loan bond, or coupon, is anything other than, or dif- ferent from, what it purports to be on the face of said bond or coupon, shall be fined under this title or imprisoned not more than one year, or both. (June 25, 1948, ch. 645, 62 Stat. 752; Pub. L. 97–297, § 4(a), Oct. 12, 1982, 96 Stat. 1318; Pub. L. 103–322, title XXXIII, §§ 330004(8), 330016(1)(G), Sept. 13, 1994, 108 Stat. 2141, 2147.) HISTORICAL AND REVISION NOTES Based on sections 985, 1127, and 1317 of title 12, U.S.C., 1940 ed., Banks and Banking (July 17, 1916, ch. 245, § 31, fifth paragraph, 39 Stat. 384; July 17, 1916, ch. 245, § 211(g), as added Mar. 4, 1923, ch. 252, § 2, 42 Stat. 1461; Mar. 4, 1923, ch. 252, title II, § 216(g), 42 Stat. 1473). This section condenses and simplifies sections 985, 1127, and 1317 of title 12, U.S.C., 1940 ed., Banks and Banking, each of which contained similar provisions and similar language. The punishment provisions of all three sections were the same. References to ‘‘chapter’’ and ‘‘subchapter’’ were omit- ted and words describing the various types of banks or organizations to which said sections 985, 1127, and 1317 of title 12, U.S.C., 1940 ed., Banks and Banking, related, were inserted in lieu. This necessitated some rephras- ing and transposition of phrases, but without change of meaning or substance. Words ‘‘upon conviction’’ which were contained in sections 1127 and 1317 of title 12, U.S.C., 1940 ed., Banks and Banking, were omitted as surplusage, because pun- ishment cannot be imposed until after conviction. Changes were made in phraseology. Editorial Notes AMENDMENTS 1994—Pub. L. 103–322, § 330016(1)(G), substituted ‘‘fined under this title’’ for ‘‘fined not more than $500’’. Pub. L. 103–322, § 330004(8), struck out ‘‘, or by any Na- tional Agricultural Credit Corporation’’ after ‘‘credit bank or banks’’. 1982—Pub. L. 97–297 struck out ‘‘, or by any joint- stock land bank or banks’’ after ‘‘issued by any Federal land bank or banks’’. § 1014. Loan and credit applications generally; renewals and discounts; crop insurance Whoever knowingly makes any false state- ment or report, or willfully overvalues any land, property or security, for the purpose of influ- encing in any way the action of the Federal Housing Administration, the Farm Credit Ad- ministration, Federal Crop Insurance Corpora- tion or a company the Corporation reinsures, the Secretary of Agriculture acting through the Farmers Home Administration or successor agency, the Rural Development Administration or successor agency, any Farm Credit Bank, pro- duction credit association, agricultural credit association, bank for cooperatives, or any divi- sion, officer, or employee thereof, or of any re- gional agricultural credit corporation estab- lished pursuant to law, or a Federal land bank, a Federal land bank association, a Federal Re- serve bank, a small business investment com- pany, as defined in section 103 of the Small Busi- ness Investment Act of 1958 (15 U.S.C. 662), or the Small Business Administration in connec- tion with any provision of that Act, a Federal credit union, an insured State-chartered credit union, any institution the accounts of which are insured by the Federal Deposit Insurance Cor- poration,,1 any Federal home loan bank, the Federal Housing Finance Agency, the Federal Deposit Insurance Corporation, the Farm Credit System Insurance Corporation, or the National Credit Union Administration Board, a branch or agency of a foreign bank (as such terms are de- fined in paragraphs (1) and (3) of section 1(b) of the International Banking Act of 1978), an orga- nization operating under section 25 or section 25(a) 2 of the Federal Reserve Act, or a mortgage lending business, or any person or entity that makes in whole or in part a federally related mortgage loan as defined in section 3 of the Real Estate Settlement Procedures Act of 1974, upon any application, advance, discount, purchase, purchase agreement, repurchase agreement, commitment, loan, or insurance agreement or application for insurance or a guarantee, or any change or extension of any of the same, by re- newal, deferment of action or otherwise, or the acceptance, release, or substitution of security therefor, shall be fined not more than $1,000,000 or imprisoned not more than 30 years, or both. The term ‘‘State-chartered credit union’’ in- cludes a credit union chartered under the laws of a State of the United States, the District of Columbia, or any commonwealth, territory, or possession of the United States. (June 25, 1948, ch. 645, 62 Stat. 752; May 24, 1949, ch. 139, § 21, 63 Stat. 92; July 26, 1956, ch. 741, title