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Disclosing Hazard Insurance on HUD-1

Answered by: 
Dan Persfull

Question: 
Do we have to disclose the exact amount of hazard insurance on the Settlement Statement whether or not it is disclosed as a POC item or an actual settlement charge?
Answer: 

Yes

First published on BankersOnline.com 8/15/05

First published on 08/15/2005

Filed under: 
Lending
Filed under lending as: 
Hazard Insurance
Statement

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