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#1904366 - 03/11/14 09:07 PM Block 3 and Block 6 GFE
complygirl Offline
Platinum Poster
Joined: Oct 2004
Posts: 822
midwest
Need to check on a couple of GFE items:

Block 3:
Are we required by the regulation to itemize who these fees are paid to or can we simply list, for example: appraisal fee, credit report fee, etc. with the fee amount?

Block 6:
If fees are listed in this section, we must provide a written list of providers. We are not required to provide a list of providers for those fees listed in Block 3?

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RESPA
#1904410 - 03/12/14 03:48 AM Re: Block 3 and Block 6 GFE complygirl
Truffle Royale Offline

10K Club
Joined: Jul 2003
Posts: 17,410
Block 3 - on the GFE can show appraisal fee, etc. On the HUD you must identify who these fees were paid to.

Block 6 - see pages 32 and 34 of the FAQ. It's the difference between lender picking or allowing the borrower to pick that dictates the need for the service provider list.

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#1904435 - 03/12/14 01:20 PM Re: Block 3 and Block 6 GFE Truffle Royale
complygirl Offline
Platinum Poster
Joined: Oct 2004
Posts: 822
midwest
Thanks for clarifying Truffle Royale.

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