Nov 11th 2011 9:00AM
Federal regulators are asking for industry input on prototypes for a new, unified settlement disclosure form that will replace the separate HUD-1 Settlement Statement and Truth in Lending disclosure form currently in use. The Consumer Financial Protection Bureau -- which has also been asking for feedback this year on a... Continue Reading »
Jun 25th 2010 3:58PM
Set with solid jobs, nice cars and a baby on the way, there was only one thing Liz and Wes Clayton were missing: the perfect house. They had no problem tracking down the ideal three-bedroom ranch in Fairfax, Va., negotiating a price or securing a loan -- it was the closing costs that left them less than settled. "The only... Continue Reading »
Jun 17th 2010 4:10PM
Many homebuyers mistakenly arrive at closing unprepared for a laundry list of closing costs: major and minor fees that are a routine part of any home purchase. This can be because the lender increased fees on lender-controlled aspects of a transaction, or because a buyer chose a third party (appraiser, inspector,... Continue Reading »
