Posts Tagged RESPA

Two Flaws with the new Good Faith Estimate

Rhonda Porter on 11 20, 2008 | 11 Comments

Let me begin by saying I think that uniform Good Faith Estimates are a huge step in the right direction. However, I'm quickly reviewing the newly revised Good Faith Estimate and HUD-1 Settlement State

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HUD Passes RESPA Reform, New GFE Coming in 2010

Jillayne Schlicke on 11 12, 2008 | 69 Comments

Now I know that true miracles happen. We have all been waiting for RESPA reform for as long as I've been in the industry, which has been over 25 years.  Here's what the new Good Faith Estimate will l

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Realtors and mortgage brokers are warned that they will be prosecuted for RECEIVING title insurance company payola

Jillayne Schlicke on 06 6, 2008 | 42 Comments

A “Risk Management” Alert bulletin was distributed to real estate brokers in Washington State this week by the Washington Assoc of Realtors in anticipation of yet another new state law, SB 6847 

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I went to a mortgage whore, he said my life’s a bore

Jillayne Schlicke on 04 14, 2008 | 22 Comments

Dear Jillayne, I have two residential loans that have been referred to me, one from a mortgage broker in Colorado and another from a credit union. Both LOs have already taken the loan application, g

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