Tuesday, November 17, 2009

GFE and HUD-1

Some POSITIVE news to start our morning.!!!

HVCC over the next couple days and now this --- EVERYONE should keep an eye and hear out and please report any news you have and I can distribute it.

**** I will be looking into the validity and following the discussions on this but this NEW GFE AND HUD-1 EFFECTS EVERY TRANSACTION and a delay would be a start.

HAVE A GREAT DAY!

2 comments:

Anonymous said...

GREAT POST -- I WILL BE PAYING ATTENTION THE NEXT SEVERAL DAYS FOR CHANGES (hopefully).

SJD Mortgage Services said...

I have taken part in about 3 webinars so far. The new GFE and HUD is definately coming. Not sure how all lenders and title companies are going to be ready in time and be held to the fees quoted..........a lot of questions yet.?
Unfortunately, this is another piece of legislation that will end up hurting, not helping, the already battered real estate market. GOOD LUCK TO ALL OF US!!