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#1046346 - 09/19/08 06:41 PM HUD's Proposed RESPA rules "New Good Faith EST"
donna.raisor Offline
Platinum Poster
Joined: Sep 2004
Posts: 554
Have these new proposed rules from HUD in regards to changing the Good Faith Estimate been put into effect?
I was on HUD's website but could not find anything stating that it was approved.

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#1046373 - 09/19/08 07:06 PM Re: HUD's Proposed RESPA rules "New Good Faith EST" donna.raisor
Ray_ Offline
Platinum Poster
Joined: Aug 2006
Posts: 879
Dallas, TX
No. Still in the "study" stage.

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#1046536 - 09/19/08 08:40 PM Re: HUD's Proposed RESPA rules "New Good Faith EST" Ray_
David Dickinson Offline
10K Club
David Dickinson
Joined: Nov 2000
Posts: 18,762
Central City, NE
Most of agree this will not pass. Over 240 Representatives have wrote a letter to HUD saying to kill this stupid proposal.
_________________________
David Dickinson
http://www.bankerscompliance.com

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#1046576 - 09/19/08 09:03 PM Re: HUD's Proposed RESPA rules "New Good Faith EST" David Dickinson
Ray_ Offline
Platinum Poster
Joined: Aug 2006
Posts: 879
Dallas, TX
Wouldn't make me cry if it were killed. =]

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#1046658 - 09/19/08 10:02 PM Re: HUD's Proposed RESPA rules "New Good Faith EST" Ray_
Rocky P Offline
Power Poster
Joined: Jun 2003
Posts: 7,659
Florida
Piggybacking on Mr. Dickinson's remarks, the representatives basically told HUD to leave the writing to the FRB.
_________________________
Integrity. With it, nothing else matters. Without it, nothing else matters.

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#1057559 - 10/03/08 02:19 PM Re: HUD's Proposed RESPA rules "New Good Faith EST" Rocky P
Retired DQ Offline
10K Club
Retired DQ
Joined: Dec 2002
Posts: 40,766
Turnpike Exit 10
Yay... something went right for a change!
_________________________
Get your facts first, then you can distort them as you please. - Mark Twain

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