Are the Mortgagee Review Board’s actions publicized?

Yes. Pursuant to the National Housing Act (12 U.S.C. § 1708(c)(5)) HUD publishes a description of the cause for each administrative action against an FHA-approved mortgagees in the Federal Register.
 
FHA's Mortgagee Review Board web page has links to administration actions it has taken against FHA-approved Mortgagees as published in notices in the Federal Register and is available at:  https://www.hud.gov/program_offices/housing/sfh/mrb

In addition the U.S. Department of Housing and Urban Development (HUD) issues press releases to alert the public about significant Mortgagee Review Board actions.  These releases are available at: 
https://www.hud.gov/press

For additional information see Handbook 4000.1 V.E.4.b.iv available at:  
https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh

 


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-03605