24 CFR § 200.1540 - Imminent harm notice of action.

---
identifier: "/us/cfr/t24/s200.1540"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 200.1540 - Imminent harm notice of action."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "200.1540"
section_name: "Imminent harm notice of action."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
subchapter_number: "A"
subchapter_name: "GENERAL"
part_number: "200"
part_name: "INTRODUCTION TO FHA PROGRAMS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1702-1715z-21; 42 U.S.C. 3535(d)."
regulatory_source: "36 FR 24467, Dec. 22, 1971, unless otherwise noted."
cfr_part: "200"
---


# 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.