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HUD MRB

14-JM-0076-MR-007 — Coral Mortgage Bankers Corp. (Dismissal)

August 7, 2014 · Effective August 7, 2014

Summary

HUD dismissed with prejudice an administrative proceeding against Coral Mortgage Bankers Corp. after the parties settled. The case involved a Notice of Withdrawal of the respondent's FHA approval. The settlement fully resolved the withdrawal, and the motion to dismiss was granted without objection.

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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 dismissed with prejudice an administrative proceeding against Coral Mortgage Bankers Corp. after the parties settled. The case involved a Notice of…
Which agency issued this update?
This update was issued by HUD MRB.
When does it take effect?
It takes effect on August 7, 2014.

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