What is the purpose of the Mortgagee Review Board?

The Mortgagee Review Board takes administrative action against FHA-approved mortgagees for violating HUD/FHA requirements.

See Handbook 4000.1 V.E.4 for information about Mortgagee Review Board actions, sanctions, and penalties. 
Handbook 4000.1 is available at:
https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh

For additional information see 12 U.S.C. ยง 1708(c) and 24 C.F.R. Part 25 available at:
 and https://www.govinfo.gov/
https://www.ecfr.gov/cgi-bin/text-idx?SID=8656a7b08468ce9056ed5dcfd59dff0a&mc=true&node=pt24.1.25&rgn=div5 


All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.


Topic Number: KA-03589