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
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Recent Updates
- Second Circuit Panel Strikes Arbitration Agreement With Class Action Waiver
- Supreme Court In CompuCredit Corp. v. Greenwood Gives Another Victory to Proponents of Arbitration
- Defying Senate, President Obama purportedly makes recess appointment of Cordray to lead CFPB
- The Fourth Circuit Declines to Put TILA Form Over Substance
- CFPB Republishes Certain Existing FTC Rules