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New RESPA rules

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Mortgage and Lending with Southeast Mortgage

Listened in on another webinar about the new RESPA rules today. Just when I think I have it figured out, I hear something that makes me say ugh. The new GFE is really a piece of work but we just have to work with what the politicians give us. It will all work out though. For all of you realtors and borrowers out there, just be patient while we all work out the kinks.

Mark

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Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

Ack....I am so glad I'm not on the lending side of this industry. I can't imagine how confusing this must be.

Jan 11, 2010 07:44 AM
Mark Towler
Southeast Mortgage - Atlanta, GA

It is very confusing and the problem is that it makes it more confusing for the borrower than the old system.

Jan 11, 2010 07:56 AM