Tag: HUD-1

Even with new forms, borrowers must protect themselves

by Jeffery Marino | Jan 11, 2014 | Real Estate | 1

Even with the CFPB’s vastly improved mortgage disclosures, double apping is still the way for borrowers to get the best deal.

Mortgage loan brokers: What to know about “know before you owe”

by Jeffery Marino | Dec 10, 2013 | Real Estate | 0

We dissect the CFPB’s new forms and offer a solution to their shortcomings.

The Good Faith Estimate needs further revision

by ft Editorial Staff | Mar 31, 2011 | Real Estate | 3

The more accurate Good Faith Estimate (GFE) released in January 2010 under the Real Estate Settlement and Procedures Act (RESPA) is still not accurate enough, according to the Center for Responsible Lending. Under RESPA...

February 2011 Forms

by Connor P. Wallmark | Feb 2, 2011 | Real Estate | 2

Get your buyer the best financial advantage — submit multiple loan applications and compare.

When it comes to fees: charge only one and disclose it to your client

by Giang Hoang-Burdette | Apr 20, 2010 | Real Estate | 0

Additional fees charged by real estate agents separate from their basic contingency fee were the subject of a recent letter to industry lawyers from the federal Department of Housing and Urban Development (HUD). The HUD letter...