How does a Mortgagee terminate a branch it has registered with FHA?

Mortgagees can terminate a branch using the Branches drop-down list in the Lender Electronic Assessment Portal (LEAP).  Select the branch to terminate from the Branch List and Details screen. The Branch Profile screen for the selected branch is displayed. Click the Terminate Branch button.
 
Once a Branch is terminated, it cannot be reinstated. If the Mortgagee wishes to reinstate the branch location, it must use the Add Branch function in LEAP to re-register the branch.
 
Please see the LEAP User Manual that can be accessed using https://www.hud.gov/program_offices/housing/sfh/lender/  the LEAP Information link in the Approvals & Renewals section at: https://www.hud.gov/program_offices/housing/sfh/lender/
 

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-01391