Direct Endorsement: The ability of an FHA-approved lender to secure FHA single- and multifamily mortgage insurance by following FHA guidelines. Under a direct endorsement program, applications for many of FHAs mortgage insurance programs can be underwritten by approved lenders who certify that the mortgage complies with applicable FHA requirements.

 

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Direct Endorsement: The ability of an FHA-approved lender to secure FHA single- and multifamily mortgage insurance by following FHA guidelines. Under a direct endorsement program, applications for many of FHAs . . . View Full Definition

Indirect Snap: A play in which the ball is handed to the quarterback rather than thrown directly to the ballcarrier by the center as in a direct snap play. So named because the quarterback acts as an inter . . . View Full Definition

Indirect Quote: The expression in a graph of a utility function, where the horizontal axis measures risk and the vertical axis measures expected return. The curve connects all portfolios with the same utility.

Indirect Pulp Cap: A procedure in which the nearly exposed pulp is covered with a protective dressing to protect the pulp from additional injury and to promote healing and repair via formation of secondary dentin.