Tag Archive

Recognize changes in new GFE and HUD-1

By Kim Shindle

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

By Brett Woodburn, Esq.

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

By Brett Woodburn, Esq.

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: FHA mortgages may be best bet for homebuyers who qualify

By Samantha Elliott Krepps

REALTORS® and homebuyers are facing challenges during this economy. HUD officials discuss the different financial programs available for homebuyers and how REALTORS® can assist their clients. »

RESPA: GFE and HUD-1’s impact in 2010

By Brett Woodburn, Esq.

Revisions to the Good Faith Estimate and the HUD-1 may actually make settlement smoother for buyers and their agents. »

HUD withdraws new ‘required use’ definition

By Kim Shindle

Shaun Donovan, secretary of the Department of Housing and Urban Development (HUD), announced Tuesday at NAR’s Midyear Meetings in Washington that HUD has withdrawn the proposed “required use” definition in the Real Estate Settlement and Procedures Act (RESPA) overhaul. »

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