13-14.A program under which the lender essentially performs the underwriting program is:

Question

Quizplus · Accepted Answer

The direct endorsement program (DE) is a program under which the lender can underwrite FHA loans without submitting them to the FHA first. The lender assumes full responsibility for the underwriting decision and for ensuring that the loan meets all FHA guidelines. This program is only available to lenders who have demonstrated their expertise in the FHA program and have been approved by the FHA to participate.

13-14A Program Under Which the Lender Essentially Performs the Underwriting