; and (ii) require the Director to approve, deny, or otherwise respond to the plan not later than 30 days after the plan is submitted. (2) Required order upon failure to submit or implement plan If a covered servicer fails to submit an acceptable plan within the time allowed under paragraph (1)(C), or fails in any material respect to implement a plan accepted by the Director, the following shall apply: (A) Required correction of deficiency The Director shall, by order, require the covered servicer to correct the deficiency. (B) Other authority The Director may, by order, take one or more of the following actions until the deficiency is corrected: (i) Impose a civil monetary penalty upon the covered servicer in an amount not to exceed $10,000 for each day during which such deficiency continues. (ii) Mandate the transfer of loan servicing rights without providing compensation to the covered servicer. (iii) Limit or prohibit the covered servicer from conducting business with the enterprises. (iv) Require the covered servicer to take any other action that the Director determines will better carry out the purposes of this section than any of the actions described in this subparagraph. (3) Mandatory restrictions In complying with paragraph (2), the Director shall take one or more of the actions described in clauses (i) through (iv) of paragraph (2)(B) if— (A) the Director determines that the covered servicer fails to meet any standard prescribed under subsection (b)