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It’s been a crazy half-year-plus since the final RESPA rule and new HUD-1 finally arrived. The industry has done a solid job of implementing the new rule and form, but HUD, lenders and settlement service pros all agree that inconsistencies and problems remain.
Luckily, help is here. Introducing the all new October Research HUD-1 Pack – an amazing combination of our newest, most popular and most educational HUD-1 resources all at one great low rate!
You’ll get exclusive insight into the new form and its’ implementation from the former HUD figures behind its creation and the industry’s most respected RESPA experts.
The HUD-1 Pack includes these outstanding titles:
Bridging the RESPA Gap:
Best Practices for Lender / Title Communication under the New Rule |
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When the final RESPA rule was handed down, it was understood that all industry players would have to drastically change their relationships and communication practices. At the GFE stage, loan originators would need timely, accurate information from the settlement side – and at the HUD-1 stage, the opposite. So now that the new rule is finally here, how much has really changed? How, and where in the process, can communication be improved?
In Bridging the RESPA Gap, we explore the implementation challenges of the revised GFE and HUD-1 forms. You’ll walk away with a wide range of usable tips, advice and best practices for lender/title communication from our industry experts.
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Mastering the New HUD-1
Part of the RESPA 2010 Webinar Series |
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As the second installment of the RESPA 2010 Webinar Series, Mastering the New HUD-1 gives you comprehensive training and exclusive behind-the-scenes insight into the new form from former HUD assistant secretary for housing and FHA commissioner Brian Montgomery, former HUD deputy assistant secretary Gary Cunningham and nationally recognized RESPA trainer Christopher Cruise.
During their time at HUD, Brian oversaw and directed the development and publication of the final rule, and Gary led the effort to create and implement the new GFE and HUD-1 forms… In other words, you’ll definitely want to hear what they have to say during the full-hour Q&A session that concludes the show! |
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Transitioning to the New HUD-1:
Processes, Protocols and Pressure Points |
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We’ve assembled experts from every side of the process for a roundtable discussion on the new form – and all the changes that come with it – in Transitioning to the New HUD-1, an audio seminar from The Title Report and October Seminars
Hear how title and settlement-side pros have implemented new workflow processes, how they’ve used technology to ease the transition, and how they’ve gotten themselves RESPA-ready. Lenders will also share how they’re transmitting information to and from agents, and how they’re working closer than ever before to get the correct information into the GFE and the HUD-1. |
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| 2010 HUD Guidance on the Final RESPA Rule |
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In the first half-year of RESPA, HUD has made itself increasingly visible to the industry in an effort to aid in the implementation of the final rule. While these trade association events, training sessions and Webinars have helped many members of the lending and title communities, HUD said it is still seeing inconsistencies and problems with the way the new GFE and HUD-1 are being implemented.
In this exclusive special report from RESPA News, we cover inconsistencies HUD has seen regarding preapprovals, filling out block 1 on Page 2 of the GFE, loan originator compensation and YSP disclosure, administration and processing fees, moving and itemizing fees and much, much more. |
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