HUD Terminates Direct Endorsement Approval for 2 Mortgage Lenders
January 21, 2026
January 21, 2026
WASHINGTON, Jan. 21 (TNSFR) -- The U.S. Department of Housing and Urban Development has stripped two mortgage lenders of their authority to underwrite single-family loans following an evaluation of high default and claim rates. The action affects Equity Prime Mortgage LLC, Atlanta, Georgia, and Residential Acceptance Corp., Tampa, Florida.
According to the notice, the Federal Housing Administration (FHA) monitors the performance of insured mortgage loans. HUD has the authority to te . . .
According to the notice, the Federal Housing Administration (FHA) monitors the performance of insured mortgage loans. HUD has the authority to te . . .