Understanding and using the New Hud Good Faith Estimate.

Tim Bradford
Lending Specialist
216-324-8113
OHIO LO.007173.000
NMLS 250013

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Introduction to the New GFE

Detail and Notes
Second Page
of the GFE

Create a Custom
Fees Worksheet

Understanding "Your Origination Charges"

Summary
and
Shopping Grid

Shopping Grid

Trade Off Calculator

HUD's Official Website

New GFE form

HUD Guide to
Closing Costs

Links and Concerns

Other Information
Websites

Ohio203K Loans

Cost of Renting
in Ohio

Mortgage Loans
in Ohio

Find
Northern Ohio
Realtors

Reverse Mortgage
Loans in Ohio

UNDER CONSTRUCTION

The Following are Links of Interest

Concerns From http://nhl.gov/offices/hsg/sfh/res/respamor.cfm

Jan 16, 2008 ABA Incentives take effect.

Title Insurance Company must disclose amount of Title Insurance Premiums are retained.

Section 9: Seller required title insurance

Section 9 of RESPA prohibits a seller from requiring the home buyer to use a particular title insurance company, either directly or indirectly, as a condition of sale. Buyers may sue a seller who violates this provision for an amount equal to three times all charges made for the title insurance.

http://www.alta.org/respa/

http://www.hud.gov/offices/hsg/sfh/res/200803/5180RIA.pdf

A Study of Closing Costs for FHA Mortgages

The Estimated Costs of HUD's Proposed RESPA Regulations

Written Statement of Ivy Jackson Director, Office of RESPA and ...

... required by RESPA include the Good Faith Estimate (GFE) and the HUD-1 Settlement ... In the base case of 12.5 million loans annually, the estimated savings to ...

Microsoft PowerPoint - HUDs Proposed RESPA Rule-handout [Compatibility Mode]

http://www.mtgprofessor.com/A%20-%20Settlement%20Costs/where_are_the_settlement_cost_savings.htm

http://www.hud.gov/offices/hsg/sfh/res/200803/summary.pdf

Questions, comments, or suggestions? Please contact me: Tim Bradford, American Midwest Mortgage Corp. Telephone: 216-324-8113 Updated Thank you for visiting GFEforDummies.com!
Tim Bradford -- Ohio MB.803389 -- LO.007173
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