Despite Webinars and HUD Guidance, Lenders Still in a Fog On How to Disclose Items in New GFE, HUD-1, Experts Say
January 28, 2010
Mortgage lenders will have to get on a faster learning curve in order to learn the intricacies of the changes to Real Estate Settlement Procedures Act rules that went into effect Jan. 1 if they want to avoid increased liabilities, according to mortgage compliance experts. Nearly a month after implementation of the RESPA rule – and despite the comprehensive ...