RESPA/GFE 2010

Still not understanding the new RESPA Rules or why you can not get a good faith estimate (GFE)?  You are not alone!! HUD issued a 57 pages of RESPA FAQs!! A GFE shouldn’t be issued until the loan originator has a complete application.  Once the originator has a complete application, they have 3 days to issue a GFE or deny … Read more

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