This happens infrequently but enough that it warrants a post. I received a request from a consulting company who is performing a post closing audit. In this case they are performing the audit for a private mortgage insurance company.
Presented as evidence of the authority to make the request is the typical quality control authorization signed by most borrowers at closing. By signing the form
Monday, August 15, 2011
complying with privacy rules when managing a request for post closing data
This happens infrequently but enough that it warrants a post. I received a request from a consulting company who is performing a post closing audit. In this case they are performing the audit for a private mortgage insurance company.
Presented as evidence of the authority to make the request is the typical quality control authorization signed by most borrowers at closing. By signing the form
Presented as evidence of the authority to make the request is the typical quality control authorization signed by most borrowers at closing. By signing the form
Thursday, August 11, 2011
query: should sheriff sign a HUD-1 for sheriff sales
I have never heard of a HUD-1 form being used by a sheriff. I wouldn't expect to see documents that you would normally see in a real estate transaction. This isn't a typical consumer transaction. Read everything carefully and unless you have some experience with sheriff sales, I'd seek the advice of a competent real estate attorney.
query: should sheriff sign a HUD-1 for sheriff sales
I have never heard of a HUD-1 form being used by a sheriff. I wouldn't expect to see documents that you would normally see in a real estate transaction. This isn't a typical consumer transaction. Read everything carefully and unless you have some experience with sheriff sales, I'd seek the advice of a competent real estate attorney.
query: if I pay off my mortgage early is title insurance refundable
No. The loan policy protected the lien position for the mortgage lender. It was a one time non-refundable premium.
query: if I pay off my mortgage early is title insurance refundable
No. The loan policy protected the lien position for the mortgage lender. It was a one time non-refundable premium.
Tuesday, August 9, 2011
RESPRO continues fight for fair treatment
Just the RESPA News headline is enough to make me chuckle.
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