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HUD MRB

12-F-041-MR-6 — SWI Financial Services, Inc. (Dismissal)

May 8, 2012 · Effective May 8, 2012

Summary

This order dismisses HUD's withdrawal of SWI Financial Services, Inc.'s HUD/FHA approval after the parties reached a settlement. The dismissal resolves the appeal without a finding of liability, but underscores the consequences of noncompliance with FHA requirements.

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UNITED STATES OF AMERICA DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT OFFICE OF HEARINGS AND APPEALS

In the Matter of:

SWI FINANCIAL SERVICES, INC.

Respondent.

HUDALJ 12-F-041-MR-6

May 8, 2012

ORDER GRANTING MOTION FOR DISMISSAL

On May 4, 2012, counsel for HUD notified the Court that the parties had reached a settlement resolving the issues in the above-captioned appeal of HUD’s withdrawal of Respondent’s HUD/FHA approval, and moved to dismiss the matter. The Court has been provided a copy of the agreement, which will be retained in the file, but the Court has not been requested to review the agreement or approve it.

Accordingly, it is ORDERED that the above-captioned matter is hereby DISMISSED.

Source: https://www.hud.gov/sites/dfiles/HA/documents/12-F-041-MR-6-Order-of-Dismissal.5-8-12.pdf

Common questions

What does "12-F-041-MR-6 — SWI Financial Services, Inc. (Dismissal)" cover?
This order dismisses HUD's withdrawal of SWI Financial Services, Inc.'s HUD/FHA approval after the parties reached a settlement. The dismissal resolves…
Which agency issued this update?
This update was issued by HUD MRB.
When does it take effect?
It takes effect on May 8, 2012.

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