24 CFR §200.1525 — Settlement agreements

fha-24cfr-200-1525

HUD / FHA Multifamily · a federal regulation, 24 CFR Part 200, Subpart Y—Multifamily Accelerated Processing (MAP): MAP Lender Quality Assurance Enforcement. It governs FHA's multifamily programs, not the Single Family Housing Policy Handbook 4000.1. Text as of eCFR 2026-10-09.

24 CFR §200.1525, Settlement agreements. An FHA multifamily program rule in Subpart Y—Multifamily Accelerated Processing (MAP): MAP Lender Quality Assurance Enforcement of 24 CFR Part 200 (Introduction to FHA Programs).

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Verbatim regulatory text (4)

Verbatim provisions from 24 CFR §200.1525 — Settlement agreements — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

24 CFR §200.1525(a)

(a) HUD staff, as authorized, may negotiate a settlement agreement with a MAP lender before or after the issuance of a warning letter or referral to the MAP Lender Review Board. Once a matter has been referred to the MAP Lender Review Board, only the Board may approve a settlement agreement.

Source: 24 CFR §200.1525(a) · source URL · snapshot 7e80213a202b404c

24 CFR §200.1525(b)

(b) Settlement agreements may provide for: (1) Cessation of any violation; (2) Correction or mitigation of the effects of any violation; (3) Removal of lender staff from positions involving origination, underwriting, and/or construction loan administration; (4) Actions to collect sums of money wrongfully or incorrectly paid by the MAP lender to a third party; (5) Implementation or revision of a quality control plan or other corrective measure acceptable to HUD; and (6) Modification of the duration or provisions of any administrative sanction deemed to be appropriate by HUD.

Source: 24 CFR §200.1525(b) · source URL · snapshot 7e80213a202b404c

24 CFR §200.1525(c)

(c) A MAP lender's compliance with a settlement agreement is evidenced by the lender certifying its compliance with the conditions of the agreement, and HUD's determination that the lender is in compliance with the conditions of the agreement.

Source: 24 CFR §200.1525(c) · source URL · snapshot 7e80213a202b404c

24 CFR §200.1525(d)

(d) Failure by a MAP lender to comply with a settlement agreement may result in a probation, or suspension, or termination of MAP privileges, or referral to the Mortgagee Review Board.

Source: 24 CFR §200.1525(d) · source URL · snapshot 7e80213a202b404c

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Source of record: https://claudeforcompliance.com/regs/fha-24cfr-200-1525/ · register fha-24cfr-200-1525 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.