Must a non-LI lender submit a requested case binder if it was previously submitted to FHA for endorsement processing?

Non-LI lenders should disregard the case binder request unless the binder is not already with FHA.  All lenders will see cases on the Loan Review System (LRS) Binder Requests screen even if FHA is requesting the file from its Record Center.  FHA is preparing a system update to the LRS Binder Request screen that will display only those binders that are requested from the lender. 

LRS Home Page:      https://www.hud.gov/program_offices/housing/sfh/lender/loan_review_system

LRS User Manual:     https://www.hud.gov/sites/dfiles/SFH/documents/LRSUserManual.pdf 


All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.


Topic Number: KA-01188