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HUD MRB

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

May 8, 2012 · Effective May 8, 2012

Summary

HUD's Office of Hearings and Appeals granted a motion to dismiss the appeal of SWI Financial Services, Inc. regarding the withdrawal of the firm's HUD/FHA mortgagee approval. The dismissal follows a private settlement agreement between HUD and the respondent that resolved the underlying administrative dispute.

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?
HUD's Office of Hearings and Appeals granted a motion to dismiss the appeal of SWI Financial Services, Inc. regarding the withdrawal of the firm's HUD/FHA…
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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