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HUD Letter Tries to Clarify Mass Confusion Over RESPA!

Confused About GFEs? 3 Main Issues Addressed in HUDs June 2010 Letter!


Written By: Tracey Rumsey, Staff Writer, MortgageCurrentcy.com & Loan Originator with SWBC Mortgage, Salt Lake City, UT.


RESPA = Mass Confusion.

That’s what’s going on. And of course, there have been even more FAQs of epic proportion — that have been added to HUD’s website.

The newest letter from Commissioner Stevens (which, by the way, has no date on it ANYWHERE...just a “June 2010” notation in the web address when you click on the link) has a couple of items worth mentioning.

There are three main topics of clarification offered in this letter.

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