Tag Archives: RESPA laws

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

Significant RESPA ‘good faith estimate’ changes are coming. The new RESPA (Real Estate Settlement Procedures Act) regulations published on November 17, 2008, are going into effect on 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 […]