Mortgagee Review Board: Administrative Actions, 18433-18436 [2015-07868]
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Federal Register / Vol. 80, No. 65 / Monday, April 6, 2015 / Notices
(1) How well they communicate an
understanding of, and ability to meet,
the proposed CRADA’s goal; and
(2) How well they address the
following criteria:
(a) Technical capability to support the
non-Federal party contributions
described; and
(b) Resources available for supporting
the non-Federal party contributions
described.
Currently, the Coast Guard is
considering COP for participation in
this CRADA. This consideration is
based on the fact that COP has
demonstrated its ability to operate UAS
in an Arctic maritime environment, and
its UAS’s widespread use throughout
the Department of Defense. However,
we do not wish to exclude other viable
participants from this or future similar
CRADAs.
This is a technology demonstration
effort. Since the goal of this CRADA is
to identify and investigate the potential
of the UAS to contribute to Coast Guard
mission effectiveness in an Arctic
maritime environment, non-Federal
CRADA participants will not be
excluded from any future Coast Guard
procurements based solely on their
participation in this CRADA. Special
consideration will be given to small
business firms/consortia, and preference
will be given to business units located
in the U.S.
This notice is issued under the
authority of 5 U.S.C. 552(a).
Dated: March 20, 2015.
Captain Dennis C. Evans, USCG,
Commanding Officer, U.S. Coast Guard
Research and Development Center.
[FR Doc. 2015–07848 Filed 4–3–15; 8:45 am]
BILLING CODE 9110–04–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5864–N–01]
Mortgagee Review Board:
Administrative Actions
Office of the Assistant
Secretary for Housing–Federal Housing
Commissioner, HUD.
ACTION: Notice.
AGENCY:
In compliance with Section
202(c)(5) of the National Housing Act,
this notice advises of the cause and
description of administrative actions
taken by HUD’s Mortgagee Review
Board against HUD-approved
mortgagees.
FOR FURTHER INFORMATION CONTACT:
Nancy A. Murray, Secretary to the
Mortgagee Review Board, Department of
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SUMMARY:
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Housing and Urban Development, 451
7th Street SW., Room B–133/3150,
Washington, DC, 20410–8000; telephone
(202) 708–2224 (this is not a toll-free
number). Persons with hearing or
speech impairments may access this
number through TTY by calling the tollfree Federal Relay Service at (800) 877–
8339.
SUPPLEMENTARY INFORMATION: Section
202(c)(5) of the National Housing Act
(12 U.S.C. 1708(c)(5)) requires that HUD
‘‘publish a description of and the cause
for administrative action against a HUDapproved mortgagee’’ by the
Department’s Mortgagee Review Board
(‘‘Board’’). In compliance with the
requirements of Section 202(c)(5), this
notice advises of actions that have been
taken by the Board in its meetings from
October 1, 2013 to September 30, 2014.
I. Civil Money Penalties, Withdrawals
of FHA Approval, Suspensions,
Probations, Reprimands, and
Administrative Payments
1. Affiliated Funding Corporation, Santa
Ana, CA [Docket No. 14–1550–MR]
Action: On November 6, 2014, the
Board issued a Notice of Administrative
Action permanently withdrawing the
FHA approval of Affiliated Funding
Corporation (‘‘AFC’’).
Cause: The Board took this action
based on the following violations of
HUD/FHA requirements alleged by
HUD: AFC failed to notify HUD in
accordance with HUD/FHA
requirements that it had ceased business
operations and its license was revoked
by the State of California Department of
Corporations; failed to comply with
HUD’s annual recertification
requirements by failing to timely submit
audited financial statements for fiscal
year December 31, 2012; failed to
properly underwrite FHA insured loans
in accordance with HUD/FHA
requirements in analyzing borrower
liabilities, and documenting borrowers’
incomes and gift funds; failed to comply
with HUD/FHA’s property flipping
requirements; failed to ensure an FHA
insured loan was not used as an
investment; failed to resolve Automated
Underwriting System findings and
issues relating to appraisal reports; and
failed to refund the unused Upfront
Mortgage Insurance Premiums to a
borrower.
2. American Fidelity Mortgage Services,
Inc., Lisle, IL [Docket No. 14–1556–MR]
Action: On November 14, 2014, the
Board entered into a settlement
agreement with American Fidelity
Mortgage Services, Inc. (‘‘AFMS’’) that
required AFMS to pay a civil money
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penalty in the amount of $10,500 and
indemnify the Department for the life of
the loan on three (3) HUD/FHA insured
loans.
Cause: The Board took this action
based on the following violations of
HUD/FHA requirements alleged by
HUD: AFMS violated HUD/FHA’s
underwriting requirements when it
approved a mortgage whose term
exceeded the maximum length
permitted by HUD; approved a mortgage
for a borrower with unstable income;
and approved a mortgage with debt-toincome ratios which exceeded HUD
guidelines without acceptable
compensating factors.
3. First Residential Mortgage Services
Corporation, Englewood Cliffs, NJ
[Docket No. 13–1339–MR]
Action: On January 14, 2014 the Board
issued a Notice of Administrative
Action withdrawing the FHA approval
of First Residential Mortgage Services
Corporation (‘‘FRMSC’’) for a period of
five (5) years.
Cause: The Board took this action
based on the following violations of
HUD/FHA requirements alleged by
HUD: FRMSC (a) violated the terms of
two repayment plans in accordance
with FRMSC’s indemnification
agreements with HUD; and (b) failed to
adequately document the source of
funds used for a down payment, for
closing costs, or for the payment of
outstanding liabilities in connection
with thirteen (13) FHA insured loans.
4. Gateway Bank Mortgage, Inc.,
Raleigh, NC [Docket No. 13–1545–MR]
Action: On July 3, 2014, the Board
entered into a Settlement Agreement
with Gateway Bank Mortgage, Inc.
(‘‘GBM’’) that required GBM, without
admitting fault or liability, to pay a civil
money penalty in the amount of $98,500
and to indemnify HUD with respect to
four (4) FHA loans for any loss resulting
from a default occurring within five (5)
years from the date of endorsement.
Cause: The Board took this action
based on the following violations of
HUD/FHA requirements alleged by
HUD: GBM (a) failed to comply with
HUD’s Quality Control requirements; (b)
failed to conduct pre-endorsement
reviews for Lender Insured loans; (c)
failed to retain documentation in loan
files; and (d) failed to properly verify
and document gift funds.
5. JP Morgan Chase Bank NA, Iselin, NJ
[Docket No. 13–1540–MR]
Action: On January 31, 2014, the
Board voted to provide an
administrative release as part of a
settlement agreement between JP
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Morgan Chase Bank, NA (‘‘Chase’’) and
the United States that required Chase to
pay the United States $614 million, of
which HUD received $564.6 million.
Cause: The Board took this action as
a result of an investigation into FHA
mortgage fraud.
6. Liberty Mortgage Corporation, Erie,
PA [Docket No. 13–1546–MR]
Action: On July 10, 2014, the Board
entered into a Settlement Agreement
with Liberty Mortgage Corporation
(‘‘LMC’’) that required LMC, without
admitting fault or liability, to pay HUD
$294,788.56 for five outstanding
indemnification agreements.
Cause: The Board took this action
based on the following violation of
HUD/FHA requirements alleged by
HUD: LMC failed to remit payments to
HUD/FHA in accordance with five (5)
previously executed indemnification
agreements.
7. LoanCare LLC f/k/a/FNF Servicing,
Inc., Virginia Beach, VA [Docket No. 13–
1323–MR]
Action: On April 10, 2014, the Board
entered into a Settlement Agreement
with LoanCare LLC f/k/a FNF Servicing,
Inc. (‘‘LoanCare’’) that required
LoanCare, without admitting fault or
liability, to pay civil money penalties in
the amount of $475,000, to indemnify
HUD for any losses it may incur with
respect to one loan, to refund loss
mitigation incentive fees to HUD, and to
refund any late fees and inspection fees
improperly charged to borrowers.
Cause: The Board took this action
based on the following violation of
HUD/FHA requirements alleged by
HUD: LoanCare failed to comply with
HUD requirements regarding quality
control plans, servicing, loss mitigation,
foreclosure, documentation, default
reporting, and the charging of late fees
and inspection fees.
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8. MB Financial Bank N.A., Chicago, Ill
[Docket No.14–1655–MRT]
Action: On June 4, 2014, the Board
entered into a Settlement Agreement
with MB Financial (MB) requiring MB,
without admitting fault or liability, to
pay an administrative payment in the
amount of $10,000.
Cause: MB failed to timely meet the
Department’s annual recertification
requirements for its fiscal year ended
December 31, 2012, by (a) failing to
timely submit its audited financial
statements and supplementary reports;
(b) failing to timely pay its
recertification fee; and (c) failing to
timely submit its online certification.
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9. Mortgage Now Inc., Shrewsbury, NJ
[Docket No. 14–0000–MR]
Action: On August 19, 2014, the
Board entered into a Settlement
Agreement with Mortgage Now Inc.
(‘‘MN’’) that required MN to pay a civil
money penalty in the amount of
$22,500, an administrative payment in
the amount of $8,500 and payment in
the amount of $37,309.89 under the
terms of a previously signed
indemnification agreements, and agreed
to indemnify HUD for any losses it
might suffer with respect to one loan.
Cause: The Board took this action
based on the following violation of
HUD/FHA requirements alleged by
HUD: MN (a) failed to notify HUD it
paid a $10,000 fine to the
Commonwealth of Pennsylvania’s
Department of Banking and Securities,
Bureau of Compliance and Licensing
relating to the cancellation of MN’s
surety bond; (b) failed to notify HUD it
was ordered by the State of California to
discontinue disbursing trust funds in
the State due to the cancellation of MN’s
surety bond; (c) falsely certified on its
2012 Annual Certification that it had
not been sanctioned by any state agency,
and (d) failed to pay HUD amounts it
owed under indemnification
agreements.
10. Ofori and Associates, PC.,
Washington, DC [Docket No. 10–1434–
MRT]
Action: On February 18, 2014, the
Board issued a Notice of Administrative
Action to withdraw the FHA approval of
Ofori and Associated, P.C., (‘‘Ofori’’) for
a period of one (1) year.
Cause: The Board took this action
based on the following violations of
HUD/FHA requirements alleged by
HUD: Ofori failed to meet HUD’s
requirement that FHA-approved nonsupervised mortgagees must derive at
least 50% of their annual gross revenue
from the lending or investing of funds
in real estate mortgages or a directly
related field.
11. Residential Lending Services, Inc.
Newark, NJ [Docket No. 13–1547–MR]
Action: On May 13, 2014 the Board
issued a Notice of Administrative
Action permanently withdrawing the
FHA approval of Residential Lending
Services, Inc., (‘‘RLS’’).
Cause: The Board took this action
based on the following violations of
HUD/FHA requirements alleged by
HUD: RLS failed to notify HUD that it
had filed for bankruptcy and ceased
operations. In addition, RLS failed to
submit audited financial statements for
fiscal years 2011 and 2012.
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12. RH Lending, Colleyville, TX [Docket
No. 13–1548–MR]
Action: On July 8, 2014, the Board
entered into a Settlement Agreement
with RH Lending (‘‘RH’’) under which
RH, without admitting fault or liability,
agreed not to contest the Board’s
permanent withdrawal of RH’s FHA
approval, and which required RH to pay
a civil money penalty in the amount of
$300,000.
Cause: The Board took this action
based on the following violations of
HUD/FHA requirements alleged by
HUD: RH (a) submitted a false
certifications on forty-one (41) FHA
insured loans; (b) disbursed
manufactured home loan proceeds to an
unlicensed installer; (c) violated HUD’s
prohibition to pay or accept kickbacks,
referral fees and/or splitting fees; and
(d) provided false information, by its
CEO, to the Mortgagee Review Board.
13. Sun Home Loans, Inc., Vineland, NJ
[Docket No. 14–1679–MR]
Action: On April 10, 2014, the Board
entered into a Settlement Agreement
with Sun Home Loans (‘‘SHL’’) that
required SHL, without admitting fault or
liability, to pay a civil money penalty in
the amount of $30,000.
Cause: The Board took this action
based on the following violations of
HUD/FHA requirements alleged by
HUD: SHL failed to timely notify HUD
of its (a) merger with Sun National
Bank; (b) failed to notify HUD it had a
change in its corporate officers; and (c)
failed to timely submit its annual
audited financial statements for fiscal
years 2011 and 2012.
14. SunTrust Mortgage, Inc., Richmond,
VA [Docket No. 12–1651–MR]
Action: On June 16, 2014, the Board
voted to release administrative claims it
might have against Suntrust Mortgage,
Inc. (‘‘SM’’), in conjunction with a
settlement agreement entered into
between SM, the United States, the
Consumer Protection Financial Bureau,
and several states that required, among
other things, that SM comply with
specified servicing standards, provide
certain consumer relief, and pay a
settlement amount of $418 million, of
which HUD received $300 million.
Cause: The Board took this action as
a result of an investigation into FHA
mortgage fraud.
15. The First Mortgage Corporation,
Flossmoor, IL [Docket No. 14–1544–MR]
Action: On May 13, 2014, the Board
issued a Notice of Administrative
Action permanently withdrawing the
FHA approval of The First Mortgage
Corporation (‘‘FMC’’).
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Cause: The Board took this action
based on the following violations of
HUD/FHA requirements alleged by
HUD: FMC: (a) Failed to notify HUD
that it had ceased operations; (b) failed
to notify HUD that it was the subject of
an involuntary Chapter 7 Bankruptcy
petition filed on December 7, 2012; (c)
Failed to notify HUD that its license had
been revoked and that a fine was
assessed by the Department of Financial
and Professional Regulation, Division of
Banking, State of Illinois; and (d) failed
to submit its annual recertification and
acceptable audited financial statement,
and to pay the annual recertification fee
for its fiscal year ending June 30, 2013.
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16. US Bank, N.A. Minneapolis, MN
[Docket No. 12–1541–MR]
Action: On June 25, 2014, the Board
voted to provide an administrative
release in conjunction with a Settlement
Agreement entered into between US
Bank (‘‘USB’’) and the United States that
required USB, without admitting fault
or liability, to pay a settlement amount
of $200 million, of which HUD would
receive $144,199,970.
Cause: The Board took this action as
a result of an investigation into
mortgage fraud.
17. WCS Lending, Boca Raton, FL
[Docket No. 12–1645–MR]
Action: On, July 10, 2014, the Board
issued a Notice of Administrative
Action withdrawing the FHA approval
of WCS Lending (‘‘WCS’’) for a period
of five years.
Cause: The Board took this action
based on the following violations of
HUD/FHA requirements alleged by
HUD: WCS failed to notify HUD that it:
(a) Had ceased operations; (b) filed an
Assignment for the benefit of Creditors
in the State of Florida on December 18,
2013; (c) entered into a Consent Order
with the Commissioner of Banks for the
Commonwealth of Massachusetts on
January 13, 2012; and (d) entered into a
Consent Agreement and Order with the
Commonwealth of Pennsylvania
Department of Banking, Bureau of
Compliance and Licensing and on July
3, 2012. In addition, HUD alleged that
WCS submitted a false certification on
its annual recertification dated February
13, 2013, failed to comply with the
terms of (6) indemnification agreements,
and approved an FHA insured loan with
excessive debt-to-income ratios.
II. Lenders That Failed To Timely Meet
Requirements for Annual
Recertification of HUD/FHA Approval
Action: The Board entered into
settlement agreements with the lenders
listed below, which required the lender
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to pay either a $3,500 or $7,500 civil
money penalty without admitting fault
or liability.
Cause: The Board took this action
based upon allegations that the lenders
listed below failed to comply with the
Department’s annual recertification
requirements in a timely manner.
1. Citizens Community Credit Union, Fort
Dodge, IA ($3,500) [Docket No. 14–1603–
MRT]
2. Community Bank and Trust, Neosho, Mo
($3,500) [Docket No. 14–1607–MRT]
3. Cooperativa de Ahorro y Credito, Caguas,
PR ($3,500) [Docket No. 13–1500–MRT]
4. Coral Mortgage Bankers Corporation,
Hackensack, NJ ($3,500) [Docket No. 14–
1699–MRT]
5. First State Bank, Barbourville, WV ($3,500)
[Docket No. 14–1724–MRT]
6. Mortgage.Shop, LLC, Hampton, VA
($7,500) [Docket No. 14–1717–MRT]
7. No. thland Financial, Steele, ND ($3,500)
[Docket No. 14–1581–MRT]
8. STC Capital Bank, St. Charles, IL ($3,500)
[Docket No. 14–1622–MRT]
9. Security First, Cheyenne, WY ($3,500)
[Docket No. 14–1616–MRT]
10. Southern Missouri Bank of Marshfield,
Marshfield, MO ($3,500) [Docket No. 14–
1568–MRT]
11. Sunmark FCU, Latham, NY ($3,500)
[Docket No. 14–1597–MRT]
III. Lenders That Failed To Meet
Requirements for Annual
Recertification of HUD/FHA Approval
Action: The Board voted to withdraw
the FHA approval of each of the lenders
listed below for a period of one (1) year,
or permanently.
Cause: The Board took this action
based upon allegations that the lenders
listed below were not in compliance
with the Department’s annual
recertification requirements.
1. 1st Commonwealth Bank of Virginia,
Arlington, VA (One Year Withdrawal)
[Docket No. 15–1511–MRT]
2. Affordable Home Loans, Inc., Midvale, UT
(One Year Withdrawal) [Docket No. 13–
1306–MRT]
3. Allstate Financial Services, Pittsburgh, PA
(One Year Withdrawal) [Docket No. 14–
1623–MRT]
4. American Home Equity Corp., Irvine, CA
(One Year Withdrawal) [Docket No. 15–
1512–MRT]
5. Atlantic Consolidated LLC, Portland, ME
(One Year Withdrawal) [Docket No. 15–
1513–MRT]
6. Bankerswest Funding Corp., City of
Industry, CA (One Year Withdrawal)
[Docket No. 15–1514–MRT]
7. Bay Bank and Trust Company, Panama
City, FL (One Year Withdrawal) [Docket
No. 15–1515–MRT]
8. Bellco First Federal Credit Union, Denver,
CO (One Year Withdrawal) [Docket No.
15–1516–MRT]
9. Brightgreen Home Loans, Inc. Charlotte,
CO (One Year Withdrawal) [Docket No.
15–1517–MRT]
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10. Carver Federal Savings Bank, New York,
NY (One Year Withdrawal) [Docket No.
13–1495–MRT]
11. Central Progressive Bank, Lacombe, LA
(Permanent Withdrawal) [Docket No. 15–
1518–MRT]
12. Chemung Canal Trust Company, Elmira,
NY (One Year Withdrawal) [Docket No.
14–1663–MRT]
13. CLO Funding Corp. Piscataway, NJ (One
Year Withdrawal) [Docket No. 15–1519–
MRT]
14. Community Reinvestment Fund Inc.
Minneapolis, MN (One Year Withdrawal)
[Docket No. 14–1468–MRT]
15. Cornerstone Mortgage Center, Inc.
Sedalia, MO (Permanent Withdrawal)
[Docket No. 15–1520–MRT]
16. Curtis Mortgage Company, Inc.,
Knoxville, TN (One Year Withdrawal)
[Docket No. 15–1521–MRT]
17. DTI Employees Credit Union, Flatrock,
MI (One Year Withdrawal) [Docket No.
15–1522–MRT]
18. East West Bank, El Monte, CO (One Year
Withdrawal) [Docket No. 15–1523–MRT]
19. Euro International Mortgage, Inc., Delray
Beach, FL (One Year Withdrawal)
[Docket No. 15–1524–MRT]
20. Excel Bank, Sedalia, MO (Permanent
Withdrawal) [Docket No. 15–1525–MRT]
21. First Atlantic Mortgage, LLC, Peachtree
City, GA (One Year Withdrawal) [Docket
No. 15–1526–MRT]
22. First Meridian Mortgage Corp., Tampa,
FL (One Year Withdrawal) [Docket No.
15–1527–MRT]
23. First New England Mortgage Corp.,
Nashua, NH (One Year Withdrawal)
[Docket No. 15–1528–MRT]
24. General Electric Employees FCU, Milford,
CT (One Year Withdrawal) [Docket No.
15–1529–MRT]
25. Glasgow, Inc., Greenwood Village, CO
(One Year Withdrawal), [Docket No. 15–
1530–MRT]
26. Global Funding Services Corp., Costa
Mesa, CA (One Year Withdrawal)
[Docket No. 15–1531–MRT]
27. Grand Rivers Community Bank, Grand
Chain, IL (One Year Withdrawal) [Docket
No. 13–1488–MRT]
28. Graystone Solutions, Inc., Sudbury, MA
(One Year Withdrawal) [Docket No. 15–
1532–MRT]
29. Highland Mortgage Company,
Birmingham, AL (One Year Withdrawal)
[Docket No. 15–1533–MRT]
30. Homebuyers Resource Group, Inc., Baton
Rouge, LA (One Year Withdrawal)
[Docket No. 14–1681–MRT]
31. Hyde Park Bank and Trust Co, Chicago,
IL (One Year Withdrawal) [Docket No.
15–1534–MRT]
32. Ideal Federal Savings Bank, Baltimore,
MD (Permanent Withdrawal) [Docket No.
15–1535–MRT]
33. Illinois Service Federal Savings and Loan,
Chicago, IL (One Year Withdrawal)
[Docket No. 14–1688–MRT]
34. Ironwood Value Servicer, Inc., New York,
NY (One Year Withdrawal) [Docket No.
15–1536–MRT]
35. L & G Mortgage Banc, Inc., Scottsdale, AZ
(One Year Withdrawal) [Docket No. 15–
1537–MRT]
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36. Liberty Bank, FSB, West Des Moines, IA
(One Year Withdrawal) [Docket No. 13–
1332–MRT]
37. Litton Loan Servicing, LP, Houston, TX
(One Year Withdrawal) [Docket No. 15–
1538–MRT]
38. Massachusetts Housing Investment Corp.,
Boston, MA (One Year Withdrawal)
[Docket No. 15–1539–MRT]
39. McLaughlin Lending Services, LLC,
Lacey, WA (One Year Withdrawal)
[Docket No. 13–1515–MRT]
40. Merchants and Farmers Bank, Kosciusko,
MS (One Year Withdrawal) [Docket No.
15–1540–MRT]
41. Montana Mortgage Company, Kalispell,
MT (One Year Withdrawal), [Docket No.
15–1541–MRT]
42. Morgan Stanley Credit Corp., Vernon
Hills, IL (One Year Withdrawal), [Docket
No. 15–1542–MRT]
43. Mortgage Security, Inc., Teaticket, MA
(One Year Withdrawal), [Docket No. 15–
1543–MRT]
44. MS Mortgage, LLC, Austin, TX (One Year
Withdrawal), [Docket No. 15–1544–MRT]
45. MVB Mortgage Corp., Southfield, MI (One
Year Withdrawal), [Docket No. 15–1546–
MRT]
46. Natixis Real Estate Capital, Inc., New
York, NY (One Year Withdrawal),
[Docket No. 15–1547–MRT]
47. Neighborhood Credit Union, Dallas, TX
(One Year Withdrawal), [Docket No. 15–
1548–MRT]
48. No. thern Mass Telephone Workers
Community Credit Union, Lowell, MA
(One Year Withdrawal), [Docket No. 15–
1549–MRT]
49. ORNL Federal Credit Union, Oak Ridge,
TN (One Year Withdrawal), [Docket No.
13–1512–MRT]
50. Partner Colorado Credit Union, Arvada,
CO (One Year Withdrawal), [Docket No.
15–1550–MRT]
51. Premier Mortgage Services, Salt Lake
City, UT (One Year Withdrawal), [Docket
No. 15–1551–MRT]
52. Rabobank NA, Arroyo Granda, CA (One
Year Withdrawal), [Docket No. 12–1603–
MRT]
53. Radclift Capital Mortgage, LLC, New
York, NY (One Year Withdrawal),
[Docket No. 15–1552–MRT]
54. Real Mortgage Partners, Inc., Austin, TX
(One Year Withdrawal), [Docket No. 15–
1553–MRT]
55. Roy Al Finance and Loan Co., El
Segundo, CA (One Year Withdrawal),
[Docket No. 14–1559 and 14–1560–MRT]
56. Saxon Equity Mortgage Bankers, Ltd.,
Hauppauge, NY (One Year Withdrawal),
[Docket No. 15–1554–MRT]
57. Sierra Pacific Home Loans, Inc., Fresco,
CA (One Year Withdrawal), [Docket No.
15–1555–MRT]
58. Southeastern Capital Corp., Birmingham,
AL (One Year Withdrawal), [Docket No.
15–1556–MRT]
59. State Investors Bank, Metaire, LA (One
Year Withdrawal), [Docket No. 15–1557–
MRT]
60. Sunset Mortgage Company, Portland, OR
(One Year Withdrawal), [Docket No. 15–
1558–MRT]
61. Sunshine Funding USA LLC, South
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Portland, ME (One Year Withdrawal),
[Docket No. 15–1559–MRT]
62. Sunshine Savings Bank, Tallahassee, FL
(One Year Withdrawal), [Docket No. 14–
1575–MRT]
63. TCIF LLC, Armonk, NY (One Year
Withdrawal), [Docket No. 15–1560–MRT]
64. Texstar Lending, Inc., Dallas, TX (One
Year Withdrawal), [Docket No. 15–1561–
MRT]
65. United California Systems International,
Los Angeles, CA (One Year Withdrawal),
[Docket No. 13–1516–MRT]
66. Venture One Mortgage Corporation,
National City, CA (One Year
Withdrawal), [Docket No. 15–1562–MRT]
67. Virginia Commonwealth Bank,
Petersburg, VA (One Year Withdrawal),
[Docket No. 15–1563–MRT]
68. Vision Bank, Panama City Beach, FL
(Permanent Withdrawal), [Docket No.
15–1564–MRT]
Dated: March 27, 2015.
Biniam Gebre,
Acting Assistant Secretary for Housing–
Federal Housing Commissioner.
[FR Doc. 2015–07868 Filed 4–3–15; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF THE INTERIOR
Bureau of Land Management
[15X L1109AF LLUT030000 L16100000.
PH0000 24 1A]
Call for Nominations for Grand
Staircase-Escalante National
Monument Advisory Committee
Bureau of Land Management,
Interior.
ACTION: Notice.
AGENCY:
The purpose of this notice is
to request public nominations for five
members of the Grand StaircaseEscalante National Monument Advisory
Committee (GSENM–MAC). The
GSENM–MAC provides advice and
recommendations to GSENM on science
issues and the achievement of GSENM
Management Plan objectives. The
GSENM will receive public nominations
for 30 days from the date this notice is
published.
DATES: A completed nomination form
and accompanying nomination/
recommendation letters must be
received at the address listed below no
later than May 6, 2015.
ADDRESSES: Completed applications
should be sent to the Bureau of Land
Management, Grand Staircase-Escalante
National Monument Headquarters
Office, 669 South Highway 89A, Kanab,
Utah 84741.
FOR FURTHER INFORMATION CONTACT:
Larry Crutchfield, Public Affairs Officer,
GSENM Headquarters Office, 669 South
SUMMARY:
PO 00000
Frm 00085
Fmt 4703
Sfmt 4703
Highway 89A, Kanab, Utah 84741;
phone 435–644–1209, or email:
lcrutchf@blm.gov. Persons who use a
telecommunications device for the deaf
(TDD) may call the Federal Information
Relay Service (FIRS) at 1–800–877–8339
to leave a message or question for the
above individual. The FIRS is available
24 hours a day, seven days a week.
Replies are provided during normal
business hours.
The
Secretary of the Interior established the
GSENM–MAC pursuant to section 309
of the Federal Land Policy and
Management Act (FLPMA) of 1976 (43
U.S.C. 1739) and in conformity with the
Federal Advisory Committee Act
(FACA) of 1972 (5 U.S.C. Appendix 2).
The 15 appointed members of the
GSENM–MAC perform several primary
tasks: (1) Review evaluation reports
produced by the Management Science
Team and make recommendations on
protocols and projects to meet overall
objectives; (2) Review appropriate
research proposals and make
recommendations on project necessity
and validity; (3) Make recommendations
regarding the allocation of research
funds through review of research and
project proposals, as well as the
research needs identified through the
evaluation process above; and (4) Be
available to provide support for issues
such as protocols for specific projects.
The Secretary appoints persons to the
GSENM–MAC who are representatives
of the various major citizen interests
pertaining to land-use planning and
management of the lands under BLM
management in the GSENM.
Each GSENM–MAC member will be a
person who, as a result of training and
experience, has knowledge or special
expertise which qualifies him or her to
provide advice from among the
categories of interest listed below. As
appropriate, certain committee members
may be appointed as Special
Government Employees. Special
Government Employees serve on the
committee without compensation, and
are subject to financial disclosure
requirements in the Ethics in
Government Act and 5 CFR part 2634.
This notice, published pursuant to 43
CFR 1784.4–1 and in accordance with
the Approved Management Plan for
Grand Staircase-Escalante National
Monument (February 2000), solicits
public nominations to fill five positions
on the committee. Any individual or
organization may nominate one or more
persons to serve on the GSENM–MAC.
Individuals may nominate themselves
for GSENM–MAC membership.
SUPPLEMENTARY INFORMATION:
E:\FR\FM\06APN1.SGM
06APN1
]]>Agencies
[Federal Register Volume 80, Number 65 (Monday, April 6, 2015)]
[Notices]
[Pages 18433-18436]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-07868]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5864-N-01]
Mortgagee Review Board: Administrative Actions
AGENCY: Office of the Assistant Secretary for Housing-Federal Housing
Commissioner, HUD.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: In compliance with Section 202(c)(5) of the National Housing
Act, this notice advises of the cause and description of administrative
actions taken by HUD's Mortgagee Review Board against HUD-approved
mortgagees.
FOR FURTHER INFORMATION CONTACT: Nancy A. Murray, Secretary to the
Mortgagee Review Board, Department of Housing and Urban Development,
451 7th Street SW., Room B-133/3150, Washington, DC, 20410-8000;
telephone (202) 708-2224 (this is not a toll-free number). Persons with
hearing or speech impairments may access this number through TTY by
calling the toll-free Federal Relay Service at (800) 877-8339.
SUPPLEMENTARY INFORMATION: Section 202(c)(5) of the National Housing
Act (12 U.S.C. 1708(c)(5)) requires that HUD ``publish a description of
and the cause for administrative action against a HUD-approved
mortgagee'' by the Department's Mortgagee Review Board (``Board''). In
compliance with the requirements of Section 202(c)(5), this notice
advises of actions that have been taken by the Board in its meetings
from October 1, 2013 to September 30, 2014.
I. Civil Money Penalties, Withdrawals of FHA Approval, Suspensions,
Probations, Reprimands, and Administrative Payments
1. Affiliated Funding Corporation, Santa Ana, CA [Docket No. 14-1550-
MR]
Action: On November 6, 2014, the Board issued a Notice of
Administrative Action permanently withdrawing the FHA approval of
Affiliated Funding Corporation (``AFC'').
Cause: The Board took this action based on the following violations
of HUD/FHA requirements alleged by HUD: AFC failed to notify HUD in
accordance with HUD/FHA requirements that it had ceased business
operations and its license was revoked by the State of California
Department of Corporations; failed to comply with HUD's annual
recertification requirements by failing to timely submit audited
financial statements for fiscal year December 31, 2012; failed to
properly underwrite FHA insured loans in accordance with HUD/FHA
requirements in analyzing borrower liabilities, and documenting
borrowers' incomes and gift funds; failed to comply with HUD/FHA's
property flipping requirements; failed to ensure an FHA insured loan
was not used as an investment; failed to resolve Automated Underwriting
System findings and issues relating to appraisal reports; and failed to
refund the unused Upfront Mortgage Insurance Premiums to a borrower.
2. American Fidelity Mortgage Services, Inc., Lisle, IL [Docket No. 14-
1556-MR]
Action: On November 14, 2014, the Board entered into a settlement
agreement with American Fidelity Mortgage Services, Inc. (``AFMS'')
that required AFMS to pay a civil money penalty in the amount of
$10,500 and indemnify the Department for the life of the loan on three
(3) HUD/FHA insured loans.
Cause: The Board took this action based on the following violations
of HUD/FHA requirements alleged by HUD: AFMS violated HUD/FHA's
underwriting requirements when it approved a mortgage whose term
exceeded the maximum length permitted by HUD; approved a mortgage for a
borrower with unstable income; and approved a mortgage with debt-to-
income ratios which exceeded HUD guidelines without acceptable
compensating factors.
3. First Residential Mortgage Services Corporation, Englewood Cliffs,
NJ [Docket No. 13-1339-MR]
Action: On January 14, 2014 the Board issued a Notice of
Administrative Action withdrawing the FHA approval of First Residential
Mortgage Services Corporation (``FRMSC'') for a period of five (5)
years.
Cause: The Board took this action based on the following violations
of HUD/FHA requirements alleged by HUD: FRMSC (a) violated the terms of
two repayment plans in accordance with FRMSC's indemnification
agreements with HUD; and (b) failed to adequately document the source
of funds used for a down payment, for closing costs, or for the payment
of outstanding liabilities in connection with thirteen (13) FHA insured
loans.
4. Gateway Bank Mortgage, Inc., Raleigh, NC [Docket No. 13-1545-MR]
Action: On July 3, 2014, the Board entered into a Settlement
Agreement with Gateway Bank Mortgage, Inc. (``GBM'') that required GBM,
without admitting fault or liability, to pay a civil money penalty in
the amount of $98,500 and to indemnify HUD with respect to four (4) FHA
loans for any loss resulting from a default occurring within five (5)
years from the date of endorsement.
Cause: The Board took this action based on the following violations
of HUD/FHA requirements alleged by HUD: GBM (a) failed to comply with
HUD's Quality Control requirements; (b) failed to conduct pre-
endorsement reviews for Lender Insured loans; (c) failed to retain
documentation in loan files; and (d) failed to properly verify and
document gift funds.
5. JP Morgan Chase Bank NA, Iselin, NJ [Docket No. 13-1540-MR]
Action: On January 31, 2014, the Board voted to provide an
administrative release as part of a settlement agreement between JP
[[Page 18434]]
Morgan Chase Bank, NA (``Chase'') and the United States that required
Chase to pay the United States $614 million, of which HUD received
$564.6 million.
Cause: The Board took this action as a result of an investigation
into FHA mortgage fraud.
6. Liberty Mortgage Corporation, Erie, PA [Docket No. 13-1546-MR]
Action: On July 10, 2014, the Board entered into a Settlement
Agreement with Liberty Mortgage Corporation (``LMC'') that required
LMC, without admitting fault or liability, to pay HUD $294,788.56 for
five outstanding indemnification agreements.
Cause: The Board took this action based on the following violation
of HUD/FHA requirements alleged by HUD: LMC failed to remit payments to
HUD/FHA in accordance with five (5) previously executed indemnification
agreements.
7. LoanCare LLC f/k/a/FNF Servicing, Inc., Virginia Beach, VA [Docket
No. 13-1323-MR]
Action: On April 10, 2014, the Board entered into a Settlement
Agreement with LoanCare LLC f/k/a FNF Servicing, Inc. (``LoanCare'')
that required LoanCare, without admitting fault or liability, to pay
civil money penalties in the amount of $475,000, to indemnify HUD for
any losses it may incur with respect to one loan, to refund loss
mitigation incentive fees to HUD, and to refund any late fees and
inspection fees improperly charged to borrowers.
Cause: The Board took this action based on the following violation
of HUD/FHA requirements alleged by HUD: LoanCare failed to comply with
HUD requirements regarding quality control plans, servicing, loss
mitigation, foreclosure, documentation, default reporting, and the
charging of late fees and inspection fees.
8. MB Financial Bank N.A., Chicago, Ill [Docket No.14-1655-MRT]
Action: On June 4, 2014, the Board entered into a Settlement
Agreement with MB Financial (MB) requiring MB, without admitting fault
or liability, to pay an administrative payment in the amount of
$10,000.
Cause: MB failed to timely meet the Department's annual
recertification requirements for its fiscal year ended December 31,
2012, by (a) failing to timely submit its audited financial statements
and supplementary reports; (b) failing to timely pay its
recertification fee; and (c) failing to timely submit its online
certification.
9. Mortgage Now Inc., Shrewsbury, NJ [Docket No. 14-0000-MR]
Action: On August 19, 2014, the Board entered into a Settlement
Agreement with Mortgage Now Inc. (``MN'') that required MN to pay a
civil money penalty in the amount of $22,500, an administrative payment
in the amount of $8,500 and payment in the amount of $37,309.89 under
the terms of a previously signed indemnification agreements, and agreed
to indemnify HUD for any losses it might suffer with respect to one
loan.
Cause: The Board took this action based on the following violation
of HUD/FHA requirements alleged by HUD: MN (a) failed to notify HUD it
paid a $10,000 fine to the Commonwealth of Pennsylvania's Department of
Banking and Securities, Bureau of Compliance and Licensing relating to
the cancellation of MN's surety bond; (b) failed to notify HUD it was
ordered by the State of California to discontinue disbursing trust
funds in the State due to the cancellation of MN's surety bond; (c)
falsely certified on its 2012 Annual Certification that it had not been
sanctioned by any state agency, and (d) failed to pay HUD amounts it
owed under indemnification agreements.
10. Ofori and Associates, PC., Washington, DC [Docket No. 10-1434-MRT]
Action: On February 18, 2014, the Board issued a Notice of
Administrative Action to withdraw the FHA approval of Ofori and
Associated, P.C., (``Ofori'') for a period of one (1) year.
Cause: The Board took this action based on the following violations
of HUD/FHA requirements alleged by HUD: Ofori failed to meet HUD's
requirement that FHA-approved non-supervised mortgagees must derive at
least 50% of their annual gross revenue from the lending or investing
of funds in real estate mortgages or a directly related field.
11. Residential Lending Services, Inc. Newark, NJ [Docket No. 13-1547-
MR]
Action: On May 13, 2014 the Board issued a Notice of Administrative
Action permanently withdrawing the FHA approval of Residential Lending
Services, Inc., (``RLS'').
Cause: The Board took this action based on the following violations
of HUD/FHA requirements alleged by HUD: RLS failed to notify HUD that
it had filed for bankruptcy and ceased operations. In addition, RLS
failed to submit audited financial statements for fiscal years 2011 and
2012.
12. RH Lending, Colleyville, TX [Docket No. 13-1548-MR]
Action: On July 8, 2014, the Board entered into a Settlement
Agreement with RH Lending (``RH'') under which RH, without admitting
fault or liability, agreed not to contest the Board's permanent
withdrawal of RH's FHA approval, and which required RH to pay a civil
money penalty in the amount of $300,000.
Cause: The Board took this action based on the following violations
of HUD/FHA requirements alleged by HUD: RH (a) submitted a false
certifications on forty-one (41) FHA insured loans; (b) disbursed
manufactured home loan proceeds to an unlicensed installer; (c)
violated HUD's prohibition to pay or accept kickbacks, referral fees
and/or splitting fees; and (d) provided false information, by its CEO,
to the Mortgagee Review Board.
13. Sun Home Loans, Inc., Vineland, NJ [Docket No. 14-1679-MR]
Action: On April 10, 2014, the Board entered into a Settlement
Agreement with Sun Home Loans (``SHL'') that required SHL, without
admitting fault or liability, to pay a civil money penalty in the
amount of $30,000.
Cause: The Board took this action based on the following violations
of HUD/FHA requirements alleged by HUD: SHL failed to timely notify HUD
of its (a) merger with Sun National Bank; (b) failed to notify HUD it
had a change in its corporate officers; and (c) failed to timely submit
its annual audited financial statements for fiscal years 2011 and 2012.
14. SunTrust Mortgage, Inc., Richmond, VA [Docket No. 12-1651-MR]
Action: On June 16, 2014, the Board voted to release administrative
claims it might have against Suntrust Mortgage, Inc. (``SM''), in
conjunction with a settlement agreement entered into between SM, the
United States, the Consumer Protection Financial Bureau, and several
states that required, among other things, that SM comply with specified
servicing standards, provide certain consumer relief, and pay a
settlement amount of $418 million, of which HUD received $300 million.
Cause: The Board took this action as a result of an investigation
into FHA mortgage fraud.
15. The First Mortgage Corporation, Flossmoor, IL [Docket No. 14-1544-
MR]
Action: On May 13, 2014, the Board issued a Notice of
Administrative Action permanently withdrawing the FHA approval of The
First Mortgage Corporation (``FMC'').
[[Page 18435]]
Cause: The Board took this action based on the following violations
of HUD/FHA requirements alleged by HUD: FMC: (a) Failed to notify HUD
that it had ceased operations; (b) failed to notify HUD that it was the
subject of an involuntary Chapter 7 Bankruptcy petition filed on
December 7, 2012; (c) Failed to notify HUD that its license had been
revoked and that a fine was assessed by the Department of Financial and
Professional Regulation, Division of Banking, State of Illinois; and
(d) failed to submit its annual recertification and acceptable audited
financial statement, and to pay the annual recertification fee for its
fiscal year ending June 30, 2013.
16. US Bank, N.A. Minneapolis, MN [Docket No. 12-1541-MR]
Action: On June 25, 2014, the Board voted to provide an
administrative release in conjunction with a Settlement Agreement
entered into between US Bank (``USB'') and the United States that
required USB, without admitting fault or liability, to pay a settlement
amount of $200 million, of which HUD would receive $144,199,970.
Cause: The Board took this action as a result of an investigation
into mortgage fraud.
17. WCS Lending, Boca Raton, FL [Docket No. 12-1645-MR]
Action: On, July 10, 2014, the Board issued a Notice of
Administrative Action withdrawing the FHA approval of WCS Lending
(``WCS'') for a period of five years.
Cause: The Board took this action based on the following violations
of HUD/FHA requirements alleged by HUD: WCS failed to notify HUD that
it: (a) Had ceased operations; (b) filed an Assignment for the benefit
of Creditors in the State of Florida on December 18, 2013; (c) entered
into a Consent Order with the Commissioner of Banks for the
Commonwealth of Massachusetts on January 13, 2012; and (d) entered into
a Consent Agreement and Order with the Commonwealth of Pennsylvania
Department of Banking, Bureau of Compliance and Licensing and on July
3, 2012. In addition, HUD alleged that WCS submitted a false
certification on its annual recertification dated February 13, 2013,
failed to comply with the terms of (6) indemnification agreements, and
approved an FHA insured loan with excessive debt-to-income ratios.
II. Lenders That Failed To Timely Meet Requirements for Annual
Recertification of HUD/FHA Approval
Action: The Board entered into settlement agreements with the
lenders listed below, which required the lender to pay either a $3,500
or $7,500 civil money penalty without admitting fault or liability.
Cause: The Board took this action based upon allegations that the
lenders listed below failed to comply with the Department's annual
recertification requirements in a timely manner.
1. Citizens Community Credit Union, Fort Dodge, IA ($3,500) [Docket
No. 14-1603-MRT]
2. Community Bank and Trust, Neosho, Mo ($3,500) [Docket No. 14-
1607-MRT]
3. Cooperativa de Ahorro y Credito, Caguas, PR ($3,500) [Docket No.
13-1500-MRT]
4. Coral Mortgage Bankers Corporation, Hackensack, NJ ($3,500)
[Docket No. 14-1699-MRT]
5. First State Bank, Barbourville, WV ($3,500) [Docket No. 14-1724-
MRT]
6. Mortgage.Shop, LLC, Hampton, VA ($7,500) [Docket No. 14-1717-MRT]
7. No. thland Financial, Steele, ND ($3,500) [Docket No. 14-1581-
MRT]
8. STC Capital Bank, St. Charles, IL ($3,500) [Docket No. 14-1622-
MRT]
9. Security First, Cheyenne, WY ($3,500) [Docket No. 14-1616-MRT]
10. Southern Missouri Bank of Marshfield, Marshfield, MO ($3,500)
[Docket No. 14-1568-MRT]
11. Sunmark FCU, Latham, NY ($3,500) [Docket No. 14-1597-MRT]
III. Lenders That Failed To Meet Requirements for Annual
Recertification of HUD/FHA Approval
Action: The Board voted to withdraw the FHA approval of each of the
lenders listed below for a period of one (1) year, or permanently.
Cause: The Board took this action based upon allegations that the
lenders listed below were not in compliance with the Department's
annual recertification requirements.
1. 1st Commonwealth Bank of Virginia, Arlington, VA (One Year
Withdrawal) [Docket No. 15-1511-MRT]
2. Affordable Home Loans, Inc., Midvale, UT (One Year Withdrawal)
[Docket No. 13-1306-MRT]
3. Allstate Financial Services, Pittsburgh, PA (One Year Withdrawal)
[Docket No. 14-1623-MRT]
4. American Home Equity Corp., Irvine, CA (One Year Withdrawal)
[Docket No. 15-1512-MRT]
5. Atlantic Consolidated LLC, Portland, ME (One Year Withdrawal)
[Docket No. 15-1513-MRT]
6. Bankerswest Funding Corp., City of Industry, CA (One Year
Withdrawal) [Docket No. 15-1514-MRT]
7. Bay Bank and Trust Company, Panama City, FL (One Year Withdrawal)
[Docket No. 15-1515-MRT]
8. Bellco First Federal Credit Union, Denver, CO (One Year
Withdrawal) [Docket No. 15-1516-MRT]
9. Brightgreen Home Loans, Inc. Charlotte, CO (One Year Withdrawal)
[Docket No. 15-1517-MRT]
10. Carver Federal Savings Bank, New York, NY (One Year Withdrawal)
[Docket No. 13-1495-MRT]
11. Central Progressive Bank, Lacombe, LA (Permanent Withdrawal)
[Docket No. 15-1518-MRT]
12. Chemung Canal Trust Company, Elmira, NY (One Year Withdrawal)
[Docket No. 14-1663-MRT]
13. CLO Funding Corp. Piscataway, NJ (One Year Withdrawal) [Docket
No. 15-1519-MRT]
14. Community Reinvestment Fund Inc. Minneapolis, MN (One Year
Withdrawal) [Docket No. 14-1468-MRT]
15. Cornerstone Mortgage Center, Inc. Sedalia, MO (Permanent
Withdrawal) [Docket No. 15-1520-MRT]
16. Curtis Mortgage Company, Inc., Knoxville, TN (One Year
Withdrawal) [Docket No. 15-1521-MRT]
17. DTI Employees Credit Union, Flatrock, MI (One Year Withdrawal)
[Docket No. 15-1522-MRT]
18. East West Bank, El Monte, CO (One Year Withdrawal) [Docket No.
15-1523-MRT]
19. Euro International Mortgage, Inc., Delray Beach, FL (One Year
Withdrawal) [Docket No. 15-1524-MRT]
20. Excel Bank, Sedalia, MO (Permanent Withdrawal) [Docket No. 15-
1525-MRT]
21. First Atlantic Mortgage, LLC, Peachtree City, GA (One Year
Withdrawal) [Docket No. 15-1526-MRT]
22. First Meridian Mortgage Corp., Tampa, FL (One Year Withdrawal)
[Docket No. 15-1527-MRT]
23. First New England Mortgage Corp., Nashua, NH (One Year
Withdrawal) [Docket No. 15-1528-MRT]
24. General Electric Employees FCU, Milford, CT (One Year
Withdrawal) [Docket No. 15-1529-MRT]
25. Glasgow, Inc., Greenwood Village, CO (One Year Withdrawal),
[Docket No. 15-1530-MRT]
26. Global Funding Services Corp., Costa Mesa, CA (One Year
Withdrawal) [Docket No. 15-1531-MRT]
27. Grand Rivers Community Bank, Grand Chain, IL (One Year
Withdrawal) [Docket No. 13-1488-MRT]
28. Graystone Solutions, Inc., Sudbury, MA (One Year Withdrawal)
[Docket No. 15-1532-MRT]
29. Highland Mortgage Company, Birmingham, AL (One Year Withdrawal)
[Docket No. 15-1533-MRT]
30. Homebuyers Resource Group, Inc., Baton Rouge, LA (One Year
Withdrawal) [Docket No. 14-1681-MRT]
31. Hyde Park Bank and Trust Co, Chicago, IL (One Year Withdrawal)
[Docket No. 15-1534-MRT]
32. Ideal Federal Savings Bank, Baltimore, MD (Permanent Withdrawal)
[Docket No. 15-1535-MRT]
33. Illinois Service Federal Savings and Loan, Chicago, IL (One Year
Withdrawal) [Docket No. 14-1688-MRT]
34. Ironwood Value Servicer, Inc., New York, NY (One Year
Withdrawal) [Docket No. 15-1536-MRT]
35. L & G Mortgage Banc, Inc., Scottsdale, AZ (One Year Withdrawal)
[Docket No. 15-1537-MRT]
[[Page 18436]]
36. Liberty Bank, FSB, West Des Moines, IA (One Year Withdrawal)
[Docket No. 13-1332-MRT]
37. Litton Loan Servicing, LP, Houston, TX (One Year Withdrawal)
[Docket No. 15-1538-MRT]
38. Massachusetts Housing Investment Corp., Boston, MA (One Year
Withdrawal) [Docket No. 15-1539-MRT]
39. McLaughlin Lending Services, LLC, Lacey, WA (One Year
Withdrawal) [Docket No. 13-1515-MRT]
40. Merchants and Farmers Bank, Kosciusko, MS (One Year Withdrawal)
[Docket No. 15-1540-MRT]
41. Montana Mortgage Company, Kalispell, MT (One Year Withdrawal),
[Docket No. 15-1541-MRT]
42. Morgan Stanley Credit Corp., Vernon Hills, IL (One Year
Withdrawal), [Docket No. 15-1542-MRT]
43. Mortgage Security, Inc., Teaticket, MA (One Year Withdrawal),
[Docket No. 15-1543-MRT]
44. MS Mortgage, LLC, Austin, TX (One Year Withdrawal), [Docket No.
15-1544-MRT]
45. MVB Mortgage Corp., Southfield, MI (One Year Withdrawal),
[Docket No. 15-1546-MRT]
46. Natixis Real Estate Capital, Inc., New York, NY (One Year
Withdrawal), [Docket No. 15-1547-MRT]
47. Neighborhood Credit Union, Dallas, TX (One Year Withdrawal),
[Docket No. 15-1548-MRT]
48. No. thern Mass Telephone Workers Community Credit Union, Lowell,
MA (One Year Withdrawal), [Docket No. 15-1549-MRT]
49. ORNL Federal Credit Union, Oak Ridge, TN (One Year Withdrawal),
[Docket No. 13-1512-MRT]
50. Partner Colorado Credit Union, Arvada, CO (One Year Withdrawal),
[Docket No. 15-1550-MRT]
51. Premier Mortgage Services, Salt Lake City, UT (One Year
Withdrawal), [Docket No. 15-1551-MRT]
52. Rabobank NA, Arroyo Granda, CA (One Year Withdrawal), [Docket
No. 12-1603-MRT]
53. Radclift Capital Mortgage, LLC, New York, NY (One Year
Withdrawal), [Docket No. 15-1552-MRT]
54. Real Mortgage Partners, Inc., Austin, TX (One Year Withdrawal),
[Docket No. 15-1553-MRT]
55. Roy Al Finance and Loan Co., El Segundo, CA (One Year
Withdrawal), [Docket No. 14-1559 and 14-1560-MRT]
56. Saxon Equity Mortgage Bankers, Ltd., Hauppauge, NY (One Year
Withdrawal), [Docket No. 15-1554-MRT]
57. Sierra Pacific Home Loans, Inc., Fresco, CA (One Year
Withdrawal), [Docket No. 15-1555-MRT]
58. Southeastern Capital Corp., Birmingham, AL (One Year
Withdrawal), [Docket No. 15-1556-MRT]
59. State Investors Bank, Metaire, LA (One Year Withdrawal), [Docket
No. 15-1557-MRT]
60. Sunset Mortgage Company, Portland, OR (One Year Withdrawal),
[Docket No. 15-1558-MRT]
61. Sunshine Funding USA LLC, South Portland, ME (One Year
Withdrawal), [Docket No. 15-1559-MRT]
62. Sunshine Savings Bank, Tallahassee, FL (One Year Withdrawal),
[Docket No. 14-1575-MRT]
63. TCIF LLC, Armonk, NY (One Year Withdrawal), [Docket No. 15-1560-
MRT]
64. Texstar Lending, Inc., Dallas, TX (One Year Withdrawal), [Docket
No. 15-1561-MRT]
65. United California Systems International, Los Angeles, CA (One
Year Withdrawal), [Docket No. 13-1516-MRT]
66. Venture One Mortgage Corporation, National City, CA (One Year
Withdrawal), [Docket No. 15-1562-MRT]
67. Virginia Commonwealth Bank, Petersburg, VA (One Year
Withdrawal), [Docket No. 15-1563-MRT]
68. Vision Bank, Panama City Beach, FL (Permanent Withdrawal),
[Docket No. 15-1564-MRT]
Dated: March 27, 2015.
Biniam Gebre,
Acting Assistant Secretary for Housing-Federal Housing Commissioner.
[FR Doc. 2015-07868 Filed 4-3-15; 8:45 am]
BILLING CODE 4210-67-P>
