Hundreds Of Lenders Named In Mortgagee Review Board Actions

The Federal Housing Administration's (FHA) Mortgagee Review Board (MRB) has published a notice in the Federal Register to announce dozens of administrative actions against FHA-approved lenders who failed to meet its requirements. This year alone, the MRB took nearly 1,500 administrative sanctions against lenders, including reprimands, probations, suspensions, withdrawals of approval, and civil money penalties.


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