In November 2008, HUD issued new RESPA regulation, establishing a standard Good Faith Estimate form and process and an expanded HUD-1 Settlement Statement. To be in compliance with RESPA, and help assure fair prices for consumers, actual costs at closing must fall within established tolerance ranges. These new disclosures were implemented in January 2010.
Since then, HUD opened more than
Thursday, July 14, 2011
1500 pending RESPA violations cases moving to CFPB
In November 2008, HUD issued new RESPA regulation, establishing a standard Good Faith Estimate form and process and an expanded HUD-1 Settlement Statement. To be in compliance with RESPA, and help assure fair prices for consumers, actual costs at closing must fall within established tolerance ranges. These new disclosures were implemented in January 2010.
Since then, HUD opened more than
Since then, HUD opened more than
query: getting a replacement copy of title insurance policy
This one's easy. If your original policy is lost and you do not just want a photocopy of the policy and need an original, just go to your title insurance agent and request a DUPLICATE copy of your policy. The agent may not know that they CAN issue a duplicate but if they contact their underwriter for instructions they can do it.
The typical procedure is for the agent to reprint the policy and
The typical procedure is for the agent to reprint the policy and
query: getting a replacement copy of title insurance policy
This one's easy. If your original policy is lost and you do not just want a photocopy of the policy and need an original, just go to your title insurance agent and request a DUPLICATE copy of your policy. The agent may not know that they CAN issue a duplicate but if they contact their underwriter for instructions they can do it.
The typical procedure is for the agent to reprint the policy and
The typical procedure is for the agent to reprint the policy and
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