HUD Delivers Settlement Cost Booklet for Jan. 1 Implementation
December 21, 2009
An updated settlement cost booklet issued by the Department of Housing and Urban Development last week provides basic, useful information to homeowners but is not enough to fully explain the new Real Estate Settlement Procedures Act requirements taking effect on Jan. 1. Lenders are also complaining about the rush to get the booklet out and the lack of time to work on...