Diane's Blog

OK. I've figured out how to do this without your having to go to Radical.  Yea!! GFE PAGE ONE - BANK  GFE PAGE TWO - BANK 

OK, now let's remember this is a closed transaction. I'm using it to get a real life scenario into a GFE but I haven't completed a sales comparison or lock info.I've added notes where there is ZERO tolerance for differences if there are no unforeseen changes. I have also made note that the lender...

THESE ARE TWO DEFINITIONS TAKEN FROM THE PROPOSED RESPA RULES:Mortgage broker means a person (notan employee of a lender) or entity thatrenders origination services in a tablefunded or intermediary transaction. Aloan correspondent approved under 24CFR 202.8 for Federal HousingAdministration progr...

using three closings we are performing today. Interestingly, one transaction is a mortgage broker, one transaction is a local bank who is selling servicing released, and one is a top five lender. I’m going to use the data from the HUD to complete the GFEs so we can see how the deals would have lo...

We're just sitting here in the office looking at the great interest rates in the title files we're closing and thinking WOW!Here in our part of Pennsylvania there's been about a 10% correction in market value and buyers should be having a field day. We have a relatively safe real estate marketpla...

and if it's happening here, it's got to be happening everywhere. THE PROBLEM The Sheriff's office is so overwhelmed with foreclosure volume that they can't provide data to the Prothonotary as quickly as usual and so YOU CANNOT RELY UPON A CURRENT SEARCH OF THE PROTHONOTARY'S office. I have a titl...

LUXURY [multi-function law firm]about statushigh/over pricedquality variesattention to detailprestigious firm or location or connectionBOUTIQUE [single function title and closing specialists]about value and personal expressionpriced fairlyhigh qualityattention to detaillocal & personalCOMMODITY [...