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HUD MRB

14-JM-0126-MR-008 — Mortgage Shop, LLC (Dismissal)

September 24, 2014 · Effective September 24, 2014

Summary

HUD's Mortgage Review Board dismissed with prejudice an enforcement action against Mortgage.Shop, LLC after the parties executed a settlement agreement. The complaint alleged violations of HUD requirements, but the settlement resolved the issues and the court granted the government's motion to dismiss without reviewing the settlement.

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

In the Matter of: MORTGAGE.SHOP, LLC Respondent.

14-JM-0126-MR-008 September 24, 2014

ORDER GRANTING GOVERNMENT'S MOTION TO DISMISS

By Notice of Settlement and Motion to Dismiss with Prejudice ("Motion to Dismiss"), dated September 22, 2014, Counsel for the Secretary of the Department of Housing and Urban Development ("HUD") notified the Court that the parties have executed a settlement agreement resolving the issues described in the Complaint. The Motion to Dismiss was accompanied by a copy of the settlement agreement, but the Court has not been requested to review or approve it.

Pursuant to the parties' agreement, the Motion to Dismiss is GRANTED and the above-captioned matter is DISMISSED, with prejudice.

So ORDERED,

Source: https://www.hud.gov/sites/dfiles/HA/documents/14-JM-0126-MR-008-Motion-to-Dismiss-09242014.pdf

Common questions

What does "14-JM-0126-MR-008 — Mortgage Shop, LLC (Dismissal)" cover?
HUD's Mortgage Review Board dismissed with prejudice an enforcement action against Mortgage.Shop, LLC after the parties executed a settlement agreement.…
Which agency issued this update?
This update was issued by HUD MRB.
When does it take effect?
It takes effect on September 24, 2014.

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