Wednesday, June 3, 2009

Samples of the new GFE & HUD-1

Where can I find samples of the new GFE & HUD-1 that will become mandatory in January?

Samples can be requested through your sales representative. The final RESPA rule does allow financial institutions to use the new documents prior to January 1, 2010 however, for compliance reasons; the new version of the GFE, HUD-1 and Settlement Cost Disclosure should be used together. To date, the revised Settlement Cost Disclosure content is NOT available from HUD.