CFR > Title 24 - Housing and Urban Development > SUBTITLE B—Regulations Relating to Housing and Urban Development > CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (parts 200 to 291) > SUBCHAPTER A—GENERAL (parts 200 to 200) > PART 200—INTRODUCTION TO FHA PROGRAMS > SUBPART H—Participation and Compliance Requirements (§200.210 to §200.245) > 200.228—Determination by the Review Committee.

200.228—Determination by the Review Committee.

(a) The Review Committee shall make one of the following determinations in connection with every case referred to it by the Participation Control Officer:
(1) Approve the principal after consideration of the entire record in the light of the standards in § 200.230. All mitigating or extenuating factors will be considered. In each case, the decision shall be within the discretion of the Review Committee and rendered in the best interest of the Government and the public;
(2) Conditionally approve the principal's participation with such conditions or limitations which in the Review Committee's judgment are necessary to make the principal approvable;
(3) Withhold approval of the principal in accordance with § 200.229; or
(4) Disapprove the principal when approval is not justified and withholding approval is not appropriate.
(b) All determinations by the Review Committee shall be made by majority vote of those members present and entitled to vote.