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Foreclosure fun in the Bay State - Deborah Manion/VA
11/12/2010 10:35:30 AM (4035 views)

[+] fee - iveta todora/VA (4 replies)
11/12/2010 10:26:58 AM (3062 views)

[+] Lenders Allies - Cherie Smurthwaite/CA (2 replies)
11/11/2010 7:53:46 PM (5648 views)

[+] DataChek - Kurt deVries/FL (5 replies)
11/10/2010 2:00:00 PM (3262 views)

[-] New HUD-1 title fees accounting - STEVE MEINECKE/TN (11 replies)
11/10/2010 11:39:26 AM (3003 views)
Re: New HUD-1 title fees accounting - Robert Franco/OH
11/10/2010 11:58:44 AM (6397 views)
Re: New HUD-1 title fees accounting - STEVE MEINECKE/TN
11/10/2010 2:05:54 PM (2751 views)
Re: New HUD-1 title fees accounting - CHARLENE  PERRY/MD
11/10/2010 5:50:53 PM (2634 views)
Re: New HUD-1 title fees accounting - STEVE MEINECKE/TN
11/11/2010 11:36:03 AM (3085 views)
Re: New HUD-1 title fees accounting - CHARLENE  PERRY/MD
11/13/2010 11:08:38 PM (2832 views)
Re: New HUD-1 title fees accounting - Diane Brewer/SC
11/16/2010 9:54:22 AM (2936 views)

As part of our service, we prepare loan packages for closing, so I'm quite familiar with the new GFE HUD.  Yes, all title fees are rolled into 1 number in the "calculations" column of the HUD, and are broken into 2 sub-categories ("title" and "settlement") off to the left in the description column.  This is all the HUD creators require.  The software which I use (SoftPro) allows all the individual costs, and specific provider/payee, to be listed and appear on an Addendum page.  This program then generates a Disbursement Summary which lists every check to be written and to whom.  Here, we under "settlement" the closing attorney , and my paralegal support fee, and overnight courier costs, and perhaps copy/fax costs.  Under "title" will be the abstract/search, title insurance binder/commitment, and title insurance premium.   The new HUD is a disaster, further confuses the borrowers and makes preparing for closing more time-consuming and less cost-effective.  Inquire whether your clients have the ability to produce an Addendum, and then ask them to do so.  Hope this helps. 

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Re: New HUD-1 title fees accounting - STEVE MEINECKE/TN
11/20/2010 12:38:21 PM (2665 views)
Re: New HUD-1 title fees accounting - Patrick Scott/IL
11/20/2010 9:06:37 PM (2667 views)
Re: New HUD-1 title fees accounting - Donna McCullough/SC
11/22/2010 6:54:40 PM (2645 views)
Re: New HUD-1 title fees accounting - Donna McCullough/SC
11/22/2010 7:00:44 PM (2643 views)
Re: New HUD-1 title fees accounting - STEVE MEINECKE/TN
11/23/2010 7:30:14 PM (2775 views)


Real Title Services


[+] A change is coming... - Robert Franco/OH (9 replies)
11/10/2010 11:26:20 AM (3350 views)

[+] alvey - melissa smith/VA (7 replies)
11/10/2010 8:38:13 AM (3270 views)

[+] Foreclosure Action Dismissed - FJ Vacated AFTER CT Issued - PAULA DEEM  REYNOLDS/FL (9 replies)
11/9/2010 2:20:36 PM (3619 views)

[+] Comment on "A Barrier to Access" - Source of Title/OH (7 replies)
11/9/2010 12:56:43 PM (2904 views)

[+] "At Legal Fringe Empty Houses Go to the Needy" - Leigh Attridge/MA (10 replies)
11/9/2010 9:25:51 AM (4234 views)

[+] Sound Familiar To Anyone? - Ryan/NJ (7 replies)
11/9/2010 9:23:47 AM (4667 views)

[+] The SOT troll - Steve Vinciguerra/NY (6 replies)
11/8/2010 8:52:06 AM (3311 views)

[+] Happy Deepavali - Indian Searcher/AK (6 replies)
11/5/2010 9:33:11 PM (3028 views)

[+] Comment on "New Orleans Land Records Data Lost, Chaos Ensues" - Source of Title/OH (4 replies)
11/5/2010 3:19:16 PM (3986 views)

[+] REVISED CONFUSION IN CAROLINAS*** - Jaime  Kosofsky/NC (1 reply)
11/5/2010 3:06:33 PM (5134 views)


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