A HUD notice records a July 18, 2013 agreement involving Franklin First Financial Ltd.: $66,500 and indemnification concerning 10 FHA loans. The notice specifies that the agreement was made without admitting fault or liability.
Read the source: Federal Register · HUD 2013 agreement notice (PDF)
Preserve the qualification
The non-admission language is part of the record and should accompany any summary. A settlement should not be rewritten as an admission when the source expressly says otherwise.
Use both agreement and publication dates
The underlying agreement date and the Federal Register publication date differ. Record which date you mean when citing a regulatory timeline.
Continue: Franklin First Financial: Regulatory Settlement Timeline
What borrowers should not infer
The entry does not mean every loan was defective or that a present-day payout is available. It also does not describe an action against the similarly named Georgia consumer lender.
Frequently asked questions
Is $66,500 a current borrower refund fund?
The cited notice does not establish such a fund.
Does the source admit liability?
The entry states the agreement was without an admission of fault or liability.
Sources
Read the original documents and company pages behind this guide.
- Federal Register · HUD 2013 agreement notice (PDF) public-inspection.federalregister.gov · reviewed October 16, 2026
