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Volume 26 - Number 44

November 19, 2009

HUD Might be Flexible on Extra Worksheets for Other Disclosures Under New RESPA Final Rule

The Department of Housing and Urban Development this week said lenders and other settlement service providers may add extra worksheets or separate pages as long as they are not meant to expand the new, standardized three-page good-faith estimate form under Real Estate Settlement Procedures Act rules that go into effect Jan. 1, 2010. Industry participants can provide other...

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Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

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Housing Pulse

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