FHA has allowed lenders to originate loans under
the direct endorsement process for years with success.
That provision lets the Rural Housing Service — which is an agency within the U.S. Department of Agriculture — use
a direct endorsement process similar to the one used by FHA... so that approved lenders can originate loans without having to get each and every loan approved in Washington upfront.
Not exact matches
Multi-lingual
processing capabilities and
processing experience including cancellation,
endorsement, and reinstatement capabilities with a focus on
direct bill and premium finance programs.
Also, NAR wants the Rural Housing Service to allow
direct -
endorsement loans to speed mortgage application
processing.