{"abstract":"This interim rule implements the Lender Insurance program, under which the Secretary will delegate the authority to insure single family mortgages to certain mortgagees that are approved under the Direct Endorsement program. This interim rule provides that eligible mortgagees that participate in the Lender Insurance program will be responsible for conducting a pre-insurance review during the origination of their single family mortgages, and they will be responsible for insuring the mortgages. HUD intends that delegating this insurance authority through the Lender Insurance program will be consistent with HUD's efforts to reinvent the Federal Housing Administration (FHA) by creating a more efficient and less burdensome process for providing single family mortgage insurance.","action":"Interim rule.","agencies":[{"raw_name":"DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT","name":"Housing and Urban Development Department","id":228,"url":"https://www.federalregister.gov/agencies/housing-and-urban-development-department","json_url":"https://www.federalregister.gov/api/v1/agencies/228","parent_id":null,"slug":"housing-and-urban-development-department"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/1997/06/02/97-14215.html","cfr_references":[{"chapter":null,"citation_url":null,"part":null,"title":24},{"chapter":null,"citation_url":null,"part":200,"title":24},{"chapter":null,"citation_url":null,"part":202,"title":24},{"chapter":null,"citation_url":null,"part":203,"title":24},{"chapter":null,"citation_url":null,"part":206,"title":24}],"citation":"62 FR 30222","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":null,"disposition_notes":null,"docket_ids":["Docket No. FR-4169-I-01"],"dockets":[],"document_number":"97-14215","effective_on":null,"end_page":30228,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":null,"html_url":"https://www.federalregister.gov/documents/1997/06/02/97-14215/delegation-of-insuring-authority-to-direct-endorsement-mortgagees-interim-rule","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/97-14215?publication_date=1997-06-02","mods_url":"https://www.govinfo.gov/metadata/granule/FR-1997-06-02/97-14215/mods.xml","not_received_for_publication":null,"page_length":7,"page_views":{"count":116,"last_updated":"2026-08-26 12:15:06 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-1997-06-02/pdf/97-14215.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"1997-06-02","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/1997/06/02/97-14215.txt","regulation_id_number_info":{"2502-AC87":null},"regulation_id_numbers":["2502-AC87"],"regulations_dot_gov_info":{},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":30222,"subtype":null,"title":"Delegation of Insuring Authority to Direct Endorsement Mortgagees; Interim Rule","toc_doc":null,"toc_subject":null,"topics":[],"type":"Rule","volume":62}