Buyers

Contact Bob Hanley for more information on any Pensacola to Panama City Property
    850-698-1664 Direct               850-472-2500 Office               Email Bob 

CDPELogo_color_name_72dpi     redblackhighres[2]     AgentCert_silver_reo_ss_small     Short Sale Specialist Network Logo

RESPA – Real Estate Settlement Procedures Act
HUD is requiring that loan originators provide borrowers with a standard Good Faith Estimate that clearly discloses key loan terms and closing costs and that closing agents provide borrowers with a new HUD-1 settlement statement. New RESPA regulations were published November 17, 2008 and are scheduled to take full effect on January 1, 2010. The “New RESPA Rule FAQs” were comprised from industry questions and are posted to facilitate implementation of these new requirements.

 

Share