HUD MRB
14-JM-0076-MR-007 — Coral Mortgage Bankers Corp. (Dismissal)
August 7, 2014 · Effective August 7, 2014
Summary
HUD's Office of Hearings and Appeals dismissed with prejudice its FHA approval withdrawal case against Coral Mortgage Bankers Corp. after the parties settled and HUD moved to dismiss. The order grants HUD's motion based on the settlement fully resolving the withdrawal of Coral's FHA approval; the court did not review or approve the settlement terms.
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UNITED STATES OF AMERICA DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT OFFICE OF HEARINGS AND APPEALS
In the Matter of:
CORAL MORTGAGE BANKERS CORP.
Respondent.
14-JM-0076-MR-007
August 7, 2014
ORDER GRANTING MOTION TO DISMISS
On March 28, 2014, the Court received Respondent’s request for a hearing concerning the allegations contained in a Notice of Withdrawal issued by the U.S. Department of Housing and Urban Development (“Government”).
By Motion to Dismiss, filed August 7, 2014, the Government moved for dismissal, with prejudice, on the basis that the parties “have reached a settlement fully resolving the withdrawal of [Respondent’s] FHA approval.” The Court has not been asked to review or approve the settlement, but a copy of the executed agreement was attached to the Motion to Dismiss.
For good cause, and without objection, the Motion to Dismiss will be GRANTED and the matter is DISMISSED, with prejudice.
So ORDERED,
Source: https://www.hud.gov/sites/dfiles/HA/documents/14-JM-0076-MR-007-Order-Granting-Dismiss-08072014.pdf
Common questions
- What does "14-JM-0076-MR-007 — Coral Mortgage Bankers Corp. (Dismissal)" cover?
- HUD's Office of Hearings and Appeals dismissed with prejudice its FHA approval withdrawal case against Coral Mortgage Bankers Corp. after the parties…
- Which agency issued this update?
- This update was issued by HUD MRB.
- When does it take effect?
- It takes effect on August 7, 2014.