RESPA 1300/1310 on HUD? Charges That Can Change?

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Question:

Does RESPA require any charges in section line item 1300 -1310 to show on page 3 of the HUD as well? If the answer is yes, should it be under CHARGES THAT CAN CHANGE? I have noticed that some title co. do and some do not.

Answer:

All fees disclosed on the HUD must appear in the appropriate section of the comparison chart on page 3.

If it's a service the bank required and they did not provide a written list of providers for the required service, or if the borrower chose a service provider disclosed on the written list of service providers, then the charges are subject to the 10% tolerance.

First published on BankersOnline.com 12/3/12