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Tag Archive
Recognize changes in new GFE and HUD-1
REALTORS® should now be working with the new Good Faith Estimate (GFE) and HUD-1 forms and they need to understand the changes to the two forms and how those changes can impact their buyers and them. »
HUD to ‘exercise restraint’ in new RESPA regulations
If you’re following the evolution of amendments to RESPA (Real Estate Settlement Procedures Act), you know that HUD's responses to industry, consumer and governmental requests to delay implementing these changes has been “no dice.” »
HUD stands firm: 2010 looks to be a go
All REALTORS® should know that there are going to be substantial changes in RESPA, and soon! HUD has drastically changed the Good Faith Estimate (“GFE”) that it requires all lenders of federally related, residential mortgages to prepare. »
Podcast: Understanding changes to the GFE and HUD-1 Forms
On January 1, 2010, all residential real estate practitioners can expect to see a new Good Faith Estimate and a new HUD-1 Settlement Statement. Brett Woodburn, PAR’s legal counsel with Caldwell and Kearns has the latest in this podcast. »
RESPA: GFE and HUD-1′s impact in 2010
Revisions to the Good Faith Estimate and the HUD-1 may actually make settlement smoother for buyers and their agents. »
