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RESPA FAQ’s for 2010

By
Managing Real Estate Broker with Coldwell Banker Elite

An FAQ (Frequently Asked Questions) is a great way to get summary information about a topic.  HUD has setup a website designed to answer some of our questions.  RESPA’s changes have been chartered to start January 10, 2010 and some folks have concerns.  Here is some information from the website:

The "New RESPA Rule FAQs" were comprised from industry questions and are posted to facilitate implementation of these new requirements.

New RESPA Rule FAQs

RESPA Final Rule

Withdrawal of Revised Definition of “Required Use”

 Good Faith Estimate

HUD-1

HUD1-A

Regulatory Impact Analysis

Posted by

 

Matthew Rathbun, Executive Vice President

ABR, ABRM, AHWD, CDPE, CRB, CRS, ePRO, GREEN, GRI, SFR, SRS

Coldwell Banker Elite | Fredericksburg, Virginia  | 540.455.3350 |MatthewRathbun.com

Licensed Broker in Virginia | License: 0225194543 | Notary Public | More Info: Icon.me

Text "matthew" to 87778 to get the Coldwell Banker Elite Home and Lifestyle App

 

 

 

 

 

David Jirasek
Jirasek Realty, LLC - Temple, TX
ALC, CCIM

I sit through a three hour class on this today. I'm not sure if I understood it correctly. But it will be interesting to see how some things are handled!

Nov 18, 2009 11:59 AM