The Department of Housing and Urban Development has released a new Settlement Cost Booklet, much of which is dedicated to the new Good Faith Estimate and HUD-1 Settlement Statement (read more about the changes here). Pursuant to the new rules promulgated under RESPA, effective January 1, 2010, lenders and mortgage brokers must provide the Settlement Cost Booklet within three days of when a borrowers applies for a loan. Click here for the electronic version of HUD’s Settlement Cost Booklet.
Tag Archives: GFE
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Topics
- Bureau of Consumer Financial Protection
- Class Actions
- Compliance
- Consumer Financial Protection Act
- Consumer Financial Protection Agency
- Consumer Financial Protection Bureau
- Credit CARD Act
- Electronic Funds Transfer Act
- Fair and Accurate Credit Transactions Act
- Fair Credit Reporting Act
- Fair Debt Collection Practices Act
- Fair Housing Act
- Lending Discrimination
- Mortgage Foreclosures
- Preemption
- Real Estate Settlement Procedures Act
- State Consumer Protection Laws
- Truth in Lending Act
Recent Updates
- CFSL Action Update: March 15, 2012 – April 16, 2012
- CFPB Says Rescission Complete on Notice
- Court Permits Creditor to Charge and Collect Convenience or Expedited Payment Fees
- The Consumer Financial Protection Bureau Proposes Boundaries for its Nonbank Supervision of Debt Collection and Credit Reporting Organizations
- Second Circuit Panel Strikes Arbitration Agreement With Class Action Waiver