How does a Mortgagee reinstate a terminated branch?

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 the Lender Electronic Assessment Portal (LEAP) to re-register the branch.
 
For more information please refer to the LEAP User Manual that can be accessed using 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-01957