HUD MRB
15-AF-0090-MR-002 — City Savings Bank & Trust (Dismissal)
October 21, 2015 · Effective October 21, 2015
Summary
HUD's Mortgagee Review Board dismissed with prejudice its administrative action against City Savings Bank & Trust after the parties reached a settlement agreement. The specific alleged violations are not detailed in the dismissal order, but the case was resolved without a finding of liability. The dismissal ends the enforcement proceeding.
UNITED STATES OF AMERICA DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT OFFICE OF HEARINGS AND APPEALS
In the Matter of:
CITY SAVINGS BANK & TRUST,
Respondent.
15-AF-0090-MR-002
October 21, 2015
ORDER GRANTING MOTION TO DISMISS
On October 21, 2015, the Court received Government's Notice of Settlement and Motion to Dismiss with Prejudice ("Motion to Dismiss"). The Government states that the parties "have entered into a Settlement Agreement in the above-captioned matter." 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 is GRANTED and the matter is DISMISSED, with prejudice.
So ORDERED,
Alexander Fernández Administrative Law Judge
Source: https://www.hud.gov/sites/dfiles/HA/documents/15-AF-0090-MR-002-Motion-to-Dismiss-10212015.pdf
Common questions
- What does "15-AF-0090-MR-002 — City Savings Bank & Trust (Dismissal)" cover?
- HUD's Mortgagee Review Board dismissed with prejudice its administrative action against City Savings Bank & Trust after the parties reached a settlement…
- Which agency issued this update?
- This update was issued by HUD MRB.
- When does it take effect?
- It takes effect on October 21, 2015.