Option 1: Simplify the forms and make the necessary rule changes. ● The new GFE form would be in a standard one-page format, which would be provided nationwide for all RESPA-related transactions. ● It would describe the loan, the interest rate and monthly payment. ● It would disclose all total charges in seven categories, including lender and broker charges, third-party costs, title costs, government charges, prepaid items and escrow amounts. …