Shopping for Your Home Loan:
Designed to help consumers shop for home loans, Shopping for Your Home Loan, HUD's Settlement Costs booklet was revised and posted on the HUD website on December 16, 2009. Several updates were released by HUD in 2010 and beyond. The booklet has since been updated by the Bureau of Consumer Financial Protection, the new agency enforcing RESPA, to reflect their permissible changes as outlined in the Federal Register dated December 20, 2011 (Volume 76, No. 244 page 78981).
The Federal Register also goes on to restate RESPA's requirement that the booklet be provided to applicants no later than three business days after the application is received or prepared.
The LendingForms.com compliance team continues to monitor the appropriate agency sites for any subsequent changes to the booklet. This information will be available on the LendingForms.com web site.
The LendingForms.com version of the Bureau of Consumer Financial Protection Settlement Costs Booklet conveniently fits into a #10 envelope to meet lender's distribution requirements via the USPS.
The booklet is also available in a lender specific .pdf format to present your institution's brand for electronic distribution to borrowers as well.
As always, Lendingforms.com is working to bring the mortgage lending community quality products, delivered on time for less.
Please contact LendingForms.com at 800 493 2918 or via email at CSR@lendingforms.com to obtain quantity discount pricing.