24 CFR §200.1540 — Imminent harm notice of action
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 §200.1540, Imminent harm notice of action. 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).
Verbatim regulatory text
Verbatim provisions from 24 CFR §200.1540 — Imminent harm notice of action — 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 §200.1540 — Imminent harm notice of action
The Board may issue an imminent harm notice of action to terminate a MAP lender, or to place a MAP lender on probation or suspension without advance notice to the MAP lender in those instances where the Board determines there exists a need to protect the financial interest of HUD from imminent harm. In all such instances, the Board shall notify the lender of the Board's decision promptly and give the reasons for the decision in accordance with § 200.1535(g)(2) and (3). The lender shall have the right to submit materials to the Board and to appear before the Board to seek prompt reconsideration of the Board's decision in accordance with the procedures of § 200.1535.
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Source of record: https://claudeforcompliance.com/regs/fha-24cfr-200-1540/
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