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#1271578 - 10/22/09 04:14 PM RESPA - title company charges doc prep for hud-1
Burgess Offline
Diamond Poster
Joined: Jan 2004
Posts: 1,621
Our title company charges a doc prep fee on HUD-1 line 1105. this if for prep of the preparation of this same Hud-1. under the new respa rules (3500.12) a lender cannot charge for doc prep of hud-1, so can we can we pass on this cost to the customer?
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#1271712 - 10/22/09 05:22 PM Re: RESPA - title company charges doc prep for hud-1 Burgess
CompDat Offline
Platinum Poster
Joined: Dec 2005
Posts: 553
USA
Under the old RESPA rule this was true as well.

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#1271841 - 10/22/09 06:19 PM Re: RESPA - title company charges doc prep for hud-1 CompDat
Dan Persfull Offline
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Dan Persfull
Joined: Aug 2002
Posts: 47,530
Bloomington, IN
Usually the doc prep fee is for other documents the title company has to prepare for the closing. So unless the fee specifically references TIL and/or HUD preparation I wouldn't waste a lot of time on the issue.
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