Thread Options
#1538301 - 04/20/11 07:29 PM FHA and Sponsored Third Party Originators
MadisonCali Offline
Power Poster
Joined: Jun 2006
Posts: 2,515
There was a recent HUD Mortgagee Letter )2011-17) that addresses use of the FHA and HUD logos, as well as their acronyms, in advertisements.

We are a sponsored third party originator of loan progams, including FHA, and I'm confused by what we can actually say to let people know we offer FHA loans here.

I know we have to take the logo down, but can I still say we offer FHA programs in our ads?

Thanks!
_________________________
The beatings will continue until morale improves...

Return to Top
Lending Compliance
#1538487 - 04/20/11 11:13 PM Re: FHA and Sponsored Third Party Originators MadisonCali
Working From Home Offline
Gold Star
Joined: Oct 2009
Posts: 252
I dont' see why not. Under Reg Z, it meets the "terms actually available" requierment of 226.24(a). However, HUD rules and REg Z were written by two different agencies. We are now a TPO, and we still advertise them, so I'm curious to hear everyone else;s input.

Return to Top
#1538773 - 04/21/11 04:12 PM Re: FHA and Sponsored Third Party Originators Working From Home
RobinB Offline
Gold Star
RobinB
Joined: May 2005
Posts: 298
Maryland
I also would like to hear what everyone is doing.

Return to Top
#1540089 - 04/25/11 02:35 PM Re: FHA and Sponsored Third Party Originators RobinB
MadisonCali Offline
Power Poster
Joined: Jun 2006
Posts: 2,515
Bump
_________________________
The beatings will continue until morale improves...

Return to Top
#1540921 - 04/26/11 05:20 PM Re: FHA and Sponsored Third Party Originators MadisonCali
Indy Banker Offline
Platinum Poster
Joined: Aug 2010
Posts: 528
Our bank is a TPO as well so I too am interested if this means we have to C&D using the FHA name in any advertising.

Return to Top
#1548649 - 05/10/11 02:15 PM Re: FHA and Sponsored Third Party Originators Indy Banker
MadisonCali Offline
Power Poster
Joined: Jun 2006
Posts: 2,515
Okee dokee...gonna try to bump this again smile
_________________________
The beatings will continue until morale improves...

Return to Top
#1551986 - 05/16/11 08:54 PM Re: FHA and Sponsored Third Party Originators MadisonCali
MadisonCali Offline
Power Poster
Joined: Jun 2006
Posts: 2,515
Maybe persistance is the key...bump again smile

I have gotten zero feedback and can't seem to wrap my head around this one alone...
_________________________
The beatings will continue until morale improves...

Return to Top

Moderator:  Andy_Z