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direct endorsement

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direct endorsement
A mechanism that allows HUD-approved lending institutions to approve FHA mortgage insurance themselves, without having to submit paperwork to HUD and wait for approvals.


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TB&W is the third-largest direct endorsement lender of FHA-insured loans and the eighth-largest issuer of Ginnie Mae mortgage-backed securities [MBS].
Pasquale Baiguera, the hotel's General Manager said: "The award is very significant for us as this is a direct endorsement of our service from a cross-section of the audience including the hospitality industry,
Obama proposed that the G-20 merely "take note" of the OECD list, thus opening the door to implicit but not direct endorsement of it.
 
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