HUD Handbook 4000.1 V.E.4: Mortgagee Review Board Actions and Sanctions

Document
HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Version in Zeitro Strata
Where
pages 1756–1757 of 1872

Page 1756

4. Mortgagee Review Board Actions and Sanctions

The MRB is authorized to impose civil money penalties and take administrative action against any FHA-approved Mortgagee that does not comply with HUD and FHA statutory, regulatory, and any Handbook requirements, the Real Estate Settlement Procedures Act (RESPA), or the nondiscrimination requirements of the ECOA, the Fair Housing Act, or Executive Order 11063 on Equal Opportunity in Housing.

Page 1757

V. QUALITY CONTROL, OVERSIGHT, AND COMPLIANCE E. Enforcement
4. Mortgagee Review Board Actions and Sanctions

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.