HUD releases mandatory settlement cost booklet under RESPA rule – NMP
Regulation and Compliance
Industry News
Sales and Marketing

HUD releases mandatory settlement cost booklet under RESPA rule

Dec 17, 2009

The U.S. Department of Housing & Urban Development (HUD) has released "Shopping for Your Home Loan: HUD's Settlement Cost Booklet." Under the Real Estate Settlement and Procedures Act (RESPA) Final Rule taking effect Jan. 1, 2010, lenders and mortgage brokers are required to provide borrowers with this booklet within three days of when the borrower applies for a loan. For a copy of the Settlement Cost Booklet, click here.   For more information, visit www.hud.gov.
About the author
NationalMortgageProfessional.com
Link copied
Published
Dec 17, 2009
Get the NMP Daily
Distributed Retail
CrossCountry Joins Early Race To Raise 2027 Loan Limits

The retail lender matched Rocket’s $845,000 ceiling as this year’s rollout began weeks earlier than it did in 2025

CrossCountry Mortgage has matched Rocket Mortgage’s $845,000 early conforming loan limit, signaling the start of another lender race to offer larger conventional loans before federal regulators establish the official ceiling for 2027.Both lenders announced their higher limit...

Continue reading
FHA
FHA Sets Jan. 1 Start For FICO 10T And VantageScore 4.0

Lenders will gain competing modern scoring options, but borrowers may not see both offered everywhere

FHA-approved lenders will be able to use FICO Score 10T and VantageScore 4.0 for mortgage underwriting beginning Jan. 1, 2027, according to separate announcements Thursday from the two credit-scoring companies.The shared start date moves the Federal Housing Administration’s ...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Regulation and Compliance
FHA Sets Jan. 1 Start For FICO 10T And VantageScore 4.0

Lenders will gain competing modern scoring options, but borrowers may not see both offered everywhere

FHA
Sep 11, 2026
FHFA Studies Credit-Report Changes To Cut Mortgage Costs

Pulte’s comments could signal either fewer bureau reports or a portable report borrowers could share among lenders, but FHFA has not clarified which approach it is studying

Regulation and Compliance
Sep 10, 2026
AI Errors Leave Mortgage Trustee Without Brief In Foreclosure Appeal

Outside counsel’s fabricated citations expose a third-party oversight risk for mortgage servicers, trustees, and investors

Courts
Sep 10, 2026
CHLA Wants Ginnie Mae Liquidity Backstop Ready Before Next Crisis

Proposed G-TALF facility could help prevent a servicing cash crunch from constraining FHA, VA, and USDA lending

Regulation and Compliance
Sep 09, 2026
FHFA Opens VantageScore To All GSE Lenders, Eyes Credit Report Overhaul

Pulte removes 50-lender cap while considering bi-merge and single-bureau reports as additional ways to reduce mortgage costs

Regulation and Compliance
Sep 08, 2026
Closing Costs: What HUD’s Proposed Rule Will Really Do To The Market

HUD’s proposed rollback of housing protections could deepen barriers for underserved borrowers, shrink the pool of prospective homebuyers, and ultimately cost loan originators business

Opinion
Aug 27, 2026