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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, in-house guests and restaurant customers.
In June, Kathy Wylde, the president and chief executive of the Partnership, wrote an op-ed in The New York Sun that shied away from a direct endorsement of the idea, but came very close, saying, “Cities around the world are finding the political will to do something about [traffic congestion], and New York will likely have to do the same if we are to maintain our competitive advantage.
 
 
 
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