DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-4914-N-03]
Mortgagee Review Board Administrative Actions
SUPPLEMENTARY INFORMATION:
Section 202(c)(5) of the National Housing Act (added by section 142 of the Department of Housing and Urban Development Reform Act of 1989, Pub. L. 101-235, approved December 15, 1989), requires that HUD publish a description of and the cause for administrative actions against a HUD-approved mortgagee by the Department's Mortgagee Review Board. In compliance with the requirements of section 202(c)(5), this notice advises of administrative actions that have been taken by the Mortgagee Review Board from October 1, 2003 through March 31, 2004, related to the failure of Title I lenders and Title II mortgagees to submit the required audited annual financial statement, an acceptable annual audited financial statement and/or payment of the annual recertification fee.
Action:Withdrawal of HUD/FHA Title I lender approval and Title II mortgagee approval.
Cause:Failure to submit to the Department the required annual audited financial statement, an acceptable annual audited financial statement, and/or remit the required annual recertification fee.
33 Title I Lenders and Loan Correspondents
[Terminated between October 1, 2003 and March 31, 2004]
Name
City
State
ABC MORTGAGE INC
SACRAMENTO
CA
BAYPORTE ENTERPRISES INC
FOSTER CITY
CA
CALIFORNIA DISCOUNT MORTGAGE
COVINA
CA
CALIFORNIA GOLD MORTGAGE INC
ENCINO
CA
CELTIC BANK
SALT LAKE CITY
UT
CHANNEL POINT CORPORATION
CARSON
CA
COUNTYWIDE LENDERS CORP
ONTARIO
CA
CROWN BANK FSB
CASSELBERRY
FL
CSBM INC
PASADENA
CA
DIADCO FINANCIAL SERVICES INC
COVINA
CA
ENTERPRISE FEDERAL SAVINGS BANK
LARGO
MD
EZ HOME FUNDING INC
SOUTH GATE
CA
FIDELITY FEDERAL SAVINGS BANK
CHICAGO
IL
FIRST NATIONAL BANK
BANGOR
WI
FIRST PREFERRED MORTGAGE CORP
DOWNEY
CA
INTEGRITY MORTGAGE CORPORATION
DOWNEY
CA
LANDMARK NATIONAL BANK
DODGE CITY
KS
LIBERTY FINANCIAL GROUP
BELLEVUE
WA
LIBERTY MORTGAGE CORPORATION
ERIE
PA
LINDA JENSEN ENTERPRISES
MISSION VIEJO
CA
LOANMAX BANCORP
ARTESIA
CA
M W FINANCIAL INC
TORRANCE
CA
MAJESTY MORTGAGE CORP
LOS ANGELES
CA
MOJAVE VALLEY MORTGAGE CORP
VICTORVILLE
CA
NAPOLI MORTGAGE AND INVESTMENT
MIAMI
FL
NDNJ INC
RANCHO PALOS VERDES
CA
PROFESSIONAL ADVANTAGE FINANCIAL GROUP I
BOSTON
MA
PROFUNDING INC
NORTH HOLLYWOOD
CA
RICARDO GERSCOVICH INC
VAN NUYS
CA
SECOND CITY FINANCIAL INC
DENVER
CO
THIRTY TWO ROJO INC
PALM DESERT
CA
TRICOR FUNDING INC
ONTARIO
CA
WAUSAU MORTGAGE CORPORATION
PLEASANTON
CA
179 Title II Mortgagees and Loan Correspondents
[Terminated between October 1, 2003 and March 31, 2004]
Name
City
State
ABC MORTGAGE INC
SACRAMENTO
CA
ADVANTAGE ONE MORTGAGE CORP
BENSALEM
PA
ALCON ACTION AGENCY INC MORTGAGES
CONWAY
SC
ALLIED LENDING CORPORATION
LAKE FOREST
CA
ALPINE MORTGAGE OF OREGON INC
SPRINGFIELD
OR
ALTERNA MORTGAGE COMPANY
MT OLIVE
NJ
AMERICA WEST LENDER EXPRESS INC
SAN DIEGO
CA
AMERICAN REVERSE MORTGAGE LLC
GLEN BURNIE
MD
AMERITECH MORTGAGE BANKERS INC
LANHAM
MD
AMEX REAL ESTATE SERVICES INC
VISTA
CA
ANTELOPE MORTGAGE INC
NEWBERG
OR
APPLE MORTGAGE BANC AND LENDING
FORT MYERS
FL
APR MORTGAGE
NORTHRIDGE
CA
ASSURANCE LENDING SERVICES LLC
HOUSTON
TX
AXTION INC
COLUMBIA
SC
BANYAN FINANCIAL OF CENTRAL FLORIDA LP
CLERMONT
FL
BELL CAPITAL INC
CHICAGO
IL
BENEFICIAL CAPITAL MANAGEMENT CORP
LAGUNA HILLS
CA
BENEFIT MORTGAGE SERVICES LLC
CLINTON
MD
C W COBB AND ASSOCIATION INC
ARLINGTON
VA
CALIFORNIA EXPRESS FUNDING INC
ONTARIO
CA
CALIFORNIA GOLD MORTGAGE INC
ENCINO
CA
CAMINO REAL FINANCIAL INC
WHITTIER
CA
CANYON MORTGAGE INC
PALM DESERT
CA
CAPITAL MORTGAGE COMPANY
ADDISON
IL
CARRINGTON MORTGAGE SERVICES INC
HUNTINGTON BEACH
CA
CARVER FEDERAL SAVINGS ALA
NEW YORK
NY
CAVERSHAM FINANCIAL INC
ATLANTA
GA
CENTER CITY LENDERS INC
ORLANDO
FL
CENTURY MORTGAGE AND FUNDING INC
LISLE
IL
CHANNEL POINT CORPORATION
CARSON
CA
CHOCTAW HOPE DEVELOPMENT CORP
HUGO
OK
CITIFINANCIAL MORTGAGE COMPANY INC
IRVING
TX
CITYWIDE MORTGAGE PROS
LOCKPORT
IL
CLS FINANCIAL SERVICES INC
LYNNWOOD
WA
COMMUNITY INVESTMENT CORP
CHICAGO
IL
CONNECTICUT HOUSING INV FUND INC
HARTFORD
CT
CONSUMER MORTGAGE GROUP INC
CENTENNIAL
CO
CONTINENTAL COMMUNITY BANK AND TRUST CO
AURORA
IL
CONTINENTAL PACIFIC CAPITAL AND FINANCIAL
TARZANA
CA
COPIAGUE FUNDING CORP
LINDENHURST
NY
COUNTY MORTGAGE COMPANY INC
WEST CALDWELL
NJ
CREATIVE MORTGAGE USA INC
LANSING
IL
CREDIT CLINIC USA INC
BALTIMORE
MD
CROSSROAD CAPITAL SERVICES INC
NEW ROCHELLE
NY
CSBM INC
PASADENA
CA
CUSTOM LENDING GROUP INC
NAPA
CA
CYPRESS POINT FUNDING INC
WOODLAND HILLS
CA
DAN CAVALLO INC
RIVERSIDE
CA
DEAN ENTERPRISES INCORPORATED
LA CANADA
CA
DECORUM FINANCIAL MORTGAGE CORP
NORTH LITTLE ROCK
AR
DELTA MORTGAGE CORPORATION
FORT COLLINS
CO
DEVON INC
LAS VEGAS
NV
DIAMOND MORTGAGE BROKER INC
SANTA ANA
CA
DISCOVER MORTGAGE COMPANY
DECATUR
GA
E THREE R FINANCIAL CORPORATION
KANSAS CITY
MO
EMPIRE LENDING CORPORATION
CITY OF INDUSTRY
CA
ENCORE MORTGAGE SERVICE
VOORHEES
NJ
ENTERPRISE FEDERAL SAVING BANK
LARGO
MD
EZ HOME FUNDING INC
SOUTH GATE
CA
FAI MORTGAGE CORP
FAIRFIELD
NJ
FAIRWAY OF AMERICA INC
EAST LANSING
MI
FIDELITY FEDERAL SAVINGS BANK
CHICAGO
IL
FIRST BANK OF-MISSOURI
GLADSTONE
MO
FIRST CENTENNIAL NATIONWIDE MORTGAGE
CENTENNIAL
CO
FIRST CLASS FINANCIAL LLC
COLORADO SPRINGS
CO
FIRST WESTERN FUNDING CORP
FORT COLLINS
CO
FIVE STAR FINANCIAL INC
JOLIET
IL
FN MORTGAGE CORPORATION
SANTA ANA
CA
FUNDING EXPRESS BANCORP INC
UPLAND
CA
GATEWAY RESIDENTIAL FUNDING
CONCORD
CA