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RESPA 2010: GFE Line 801 |
There is probably nothing associated with the new RESPA regulation that is causing mortgage originators more headaches than the disclosure of origination charges on the new Good Faith Estimate ("GFE") and Uniform Settlement Statement ("HUD").
My experience has been that the disclosure of Yield Spread Premium ("YSP") is the area that is causing the most difficulty and has been a boon for providers of pain relief medications. This article will drill down on the disclosure of the origination charges in the new RESPA documents. READ MORE |
DocuTech Launches RESPA Resources Page
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DocuTech has launched a new section to its compliance web page where users can find information that will help them comply with the new changes to RESPA. The resources found on this web page include: - RESPA Webinars
- Articles
- Links
- ConformX Desktop Training
- ConformX/DataTrac Resources
READ MORE
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DocuTech Provides Full Service in NetOxygen Cirrus
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In the last two years, the mortgage lending industry has undergone dramatic changes to meet new regulatory requirements and customer expectations. As with any major change in an industry, this wide-sweeping event has created opportunities for companies entering the lending arena, but slow-moving "business as usual" tactics will not help companies take advantage of the opportunities. READ MORE
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FHA Announces Policy Changes - Jan 2010
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On January 20, 2010, FHA announced several policy changes designed to strengthen its capital reserves. The changes are the latest in a series of changes designed to help FHA mitigate risk while fulfilling its mission to expand homeownership. READ MORE
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