by kramoltz@hotmail.com | Feb 14, 2017 | Home Buying, Selling Your Home, Title Insurance + Escrow
A junk fee is a cost of doing business that a company tries to shift to you. Most originate from two sources: lenders and escrow companies. Look for them on the loan estimate, closing disclosure and settlement statement. Loan related junk fees may be called...
by kramoltz@hotmail.com | Sep 23, 2015 | Home Buying, Mortgages + Lending
The Consumer Financial Protection Bureau has changed the lending process starting October 3. The Good Faith Estimate and the HUD-1 settlement statement are being replaced with a Loan Estimate and Closing Disclosure forms. New procedures have been created around those...