New Respa and HUD Rules Take Effect Jan. 1st

Here is more than you want to know about the new rules and HUD form taking effect Jan. 1st:

http://www.realtor.org/government_affairs/respa/respa_webinars

Hit the New HUD-1 form link at least. I kind of like the new format and especially the last page. And check it out- the numbers from the lenders Good Faith Estimate (GFE) get put right on the HUD against what the actual charges are, so MAJOR pressure on the lender to get it close the first time! It will be a real joy for the Title Companies to put these new HUD’s together too.

Click here to see the new and improved HUD-1

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