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#1142724 - 03/10/09 03:24 PM Contents of GFE
COMPLIcated Offline
Diamond Poster
Joined: Mar 2003
Posts: 1,035
OK
On the GFE, is it required to list the names of the payee on each line as it is on the settlement statement? What I am reading in Sec. 3500.7(c)(1) it looks like it is saying that the contents of the GFE should be filled out according to Appendix A - Section L. Which is the part that says the person ultimately receiving the payment should be shown.

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Lending Compliance
#1143153 - 03/10/09 09:13 PM Re: Contents of GFE COMPLIcated
COMPLIcated Offline
Diamond Poster
Joined: Mar 2003
Posts: 1,035
OK
Just wondering what everyone's loan doc program does...our new one we are converting to does not list out payees on the GFE.

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#1143245 - 03/11/09 03:08 AM Re: Contents of GFE COMPLIcated
Ray_ Offline
Platinum Poster
Joined: Aug 2006
Posts: 879
Dallas, TX
Neither does ours.

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