15.7.1 Warning letter

• A. The Warning Letter:

1. Shall specify the violation(s) for which it has been issued.

2. May direct the MAP Lender to take corrective actions.

3. May impose targeted enforcement measures.

4. Must state that it is a Warning Letter issued pursuant to this Chapter and be mailed and emailed to the MAP Lender’s contact person as listed on the MAP website and be distributed to all HUD production offices.

5. May require a meeting in the HUD official’s office with the principal owners and/or officers of the MAP Lender to discuss the basis for the Warning Letter and possible corrective actions.

6. Must state that the Lender may appeal a Warning Letter to the DAS for Multifamily Housing.

MAP Guide, March 2021 Go to beginning of Chapter 15

Bookmarked Version Go to Acronym and Abbreviation List, Glossary, Index

Chapter 15 Page 15-6

To return to this page after clicking a link, press ALT + Back Arrow Chapter 15 Oversight of MAP Program Requirements 15.7 Warning Letters and Targeted Enforcement Measures

Go to Table of Contents

B. If the Warning Letter explains or interprets a section of the MAP Guide, the text of the letter (after deleting any information that may identify the MAP Lender concerned) shall be posted on the MAP web site as a FAQ after the appeal time has lapsed or an appeal determination has been made.

C. A Warning Letter does not suspend a Lender’s MAP privileges but may impose a higher level of review of the Lender’s application submissions and underwriting by the HUD production office and/or Headquarters, or it may impose targeted enforcement measures under Section 15.7.2 that affect the Lender’s processing of MAP applications.