Escrow Trust Advisors | Closing Statement
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Closing Statement Tag

HOW THE NEW HUD REGULATION CHANGES YOUR CLOSING STATEMENT Terminology: HUD - Housing and Urban Development GFE - Good Faith Estimate (issued by lenders and mortgage brokers) HUD1 - Escrow Closing Statement (issued by closing company) The new HUD regulation that came into effect Nationwide on January 1, 2010 has...