Archive for the Title and Escrow Category

IRS and Homebuyer Tax Credit: obtaining a”signed” Final Settlement Statement

Tim on 02 17, 2010 | 3 Comments

This is tax time. Sometimes escrow offices wonder if we are CPA firms during tax time.   Our office has received numerous phone calls from clients that are in need of their "signed" Final Settlem

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Home Buyers: Please Be Aware of the Owners Policy on the GFE

Rhonda Porter on 01 7, 2010 | 27 Comments

HUD had dramatically revised the Good Faith Estimate to a uniform document with summary of fees.  If you compare a GFE issued prior to 2010, one big difference is that buyers will not see a charge f

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Will Banks Cash In on the New Good Faith Estimate

Rhonda Porter on 12 15, 2009 | 6 Comments

Will Banks Cash In on the New Good Faith Estimate

The new Good Faith Estimate will be required to be used on all new loan applications effective January 1, 2010.   Part of HUD's GFE may include a service provider list which consists of title and e

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Escrow Trenches: nutty funding conditions

Tim on 11 4, 2009 | 30 Comments

Recall those episodes where Jerry Seinfeld grits his teeth and in one exasperated and frustrated breadth says, "Neeeewman!" Similarly, so do title and escrow staff in dealing with lender funding co

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