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Home » Store » Taxable » HUD Builds Database of Real Estate Closing Costs, Plans to Assess Borrower Confusion

HUD Builds Database of Real Estate Closing Costs, Plans to Assess Borrower Confusion

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The Department of Housing and Urban Development plans to back up its controversial reform of real estate settlement practices with various research projects designed to measure the impact of the changes on mortgage borrowers. According to the agency’s recently released strategic plan, HUD is already building a database of closing costs actually paid by FHA borrowers in fiscal 2001. The information is
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