HUD releases FAQs on new GFEs and reverse mortgages
Fri, 2009-10-23 16:59 — NationalMortgag...
The U.S. Department of Housing & Urban Development (HUD) has release a list of Frequently Asked Questions (FAQs) focused on Home Equity Conversion Mortgages (HECMs) and reverse mortgages. The list details on how the new Good Faith Estimate (GFE) should be filled out after Jan. 1, 2010 when the new Real Estate Settlement Procedures Act (RESPA) rules are enacted.
Click here for a copy of the FAQs for reverse mortgages.
Post to TwitterAbout NationalMortgageProfessional.com
If you enjoyed this article, you may also be interested in...
- HUD updates new RESPA rule FAQs
- A message from the desk of David H. Stevens, Assistant Secretary for Housing/FHA Commissioner
- FHA Commissioner David Stevens addresses mortgage industry policy concerns
- HUD threatens FHA revocation against Hawaii-based reverse lender
- NAMB and FHA Commissioner Stevens meet to discuss industry-related issues
WARNING: You are an unregistered user. For free registration, including access to all content, ability to post comments, submit blog entries and even create a public profile and be included in directory listings (if you choose to), click here.
Featured Contributors
Events
- 27th Annual Regional Conference of Mortgage Bankers Associations (Now)
- 2010 Pacific Northwest Housing Summit(2 days)
- MAMP 2010 Annual Convention(22 days)
- 2010 TNAMP Convention & Trade Show, "Tried, Tested & True"(48 days)
- FAMP Miami Chapter's 25th Annual Trade Show (57 days)
- NAPMW's 46th National Education Conference & Annual Meeting(58 days)
NAMB Action Center
