Tag Archives: Good Faith Estimate

What’s It All About – The New Good Faith Estimate and HUD-1?

Significant RESPA changes coming The new RESPA (Real Estate Settlement Procedures Act) regulations that were published on November 17, 2008, are going into effect January 1, 2010.  These changes were primarily enacted to protect borrowers against excessive loan fee charges, and to make it easier for borrowers to understand their key loan terms and to […]