HUD suspends FHA loan approval for Equity Prime Mortgage, RAC in several markets
By: Sarah Wolak | Published: 2026-01-21 12:50:46 | Source: www.housingwire.com
The U.S. Department of Housing and Urban Development (HUD) has “revoked” the Federal Housing Administration (FHA) loan approval authority of Equity Prime Mortgage (EPM) and Residential Acceptance Corporation (RAC), in several markets, as outlined in Wednesday’s Federal Register.
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The action is part of HUD’s Credit Watch Termination Initiative, which monitors mortgage…
