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ID Theft Bill Targets County Websites - David Bloys/TX
1/17/2007 1:22:51 PM (3204 views)
Re: ID Theft Bill Targets County Websites - David Bloys/TX
1/17/2007 9:11:18 PM (2149 views)
Re: ID Theft Bill Targets County Websites - Robert Franco/OH
1/18/2007 12:20:37 PM (2215 views)
Re: ID Theft Bill Targets County Websites - David Bloys/TX
1/19/2007 10:16:30 AM (2132 views)

Is E-Filing Secure? - David Bloys/TX
1/16/2007 8:54:43 PM (2819 views)

Full disclosure - Chris Konzel/NY
1/16/2007 7:13:42 PM (2144 views)
Re: Full disclosure - Kevin Ahern/CT
1/17/2007 3:52:37 AM (2355 views)
Re: Full disclosure - Chris Konzel/NY
1/17/2007 7:13:14 AM (2357 views)
Re: Full disclosure - Kevin Ahern/CT
1/17/2007 7:48:17 AM (2298 views)
Attorney fees on HUD-1 or HUD-1A - Bobbi Shorthouse, Notary Public/CT
1/17/2007 8:10:35 AM (2616 views)

Not a lawyer, from a purely many years real estate paralegal, former residential loan auditor for CT banks:

It is a very fine line, however, for attorney's personal representation to the purchaser/borrower or seller, the attorney is not required to disclose that fee under federal or state law to the other party or lender.  For example, the seller's attorney may be providing personal representation to the seller only, his legal advice and work product having nothing to do with the purchaser's "loan," therefore, Seller's attorney (P.O.C.) [disclosing that there is a fee, however, it is paid outside the closing transaction and that fee is nobody's business but the client's]. For example, the purchaser/borrower's attorney may NOT be the "settlement agent," "title insurance agent," or represent the lender, his legal advice and review of the documents is strictly for the client's benefit (P.O.C.).  In moldy pre-non-attorney refinance days, you would see an attorney's fee on the "settlement fee" line [fee for lender work being disclosed, borrower required to pay a fee which the lender often set] and on the attorney fee (attorney fee for additional representation such as reviewing/negotiating the purchaser & sale agreement) line of the HUD.

Kevin, correct me if I am wrong, but in a nutshell the attorney fee disclosure is for attorney services required by the lender, that benefit the lender, in connection with the mortgage loan, and paid for by the borrower.  What/how disclosed is a fine line. Over many years I've seen it crossed by lenders, attorneys, mortgage brokers, real estate agents, purchasers/sellers (such as cash back deals after the closing outside the attorneys' presence) off the settlement statement - usually without financial harm to anyone; i.e., no one but the auditor cares. Good news is on a regular basis a percentage of randomly chosen residential loan HUD-1s ARE reviewed by independent (lender and secondary market purchaser), state and federal auditors - bad things are caught eventually ... it's a matter of time, luck, and auditor knowledge, which is why over the years the HUD-1 changed and the HUD-1A appeared.

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Re: Attorney fees on HUD-1 or HUD-1A - Kevin Ahern/CT
1/17/2007 8:33:14 AM (2447 views)
Re: Attorney fees on HUD-1 or HUD-1A - Chris Konzel/NY
1/17/2007 10:42:55 PM (2395 views)

International company? - Patricia Shaw/MD
1/16/2007 2:43:57 PM (2119 views)
Re: International company? - Craig Honeker/AZ
1/16/2007 3:32:58 PM (4461 views)
Re: International company? - Dorothy Payne/NY
1/16/2007 9:51:35 PM (2343 views)

Datikala Abstract Co/Darryl Rush - Anne Gilbert/VT
1/15/2007 1:25:41 PM (1769 views)




Recorder Campaign Advice Needed - David Jenkins/PA
1/15/2007 5:15:45 AM (2117 views)
Re: Recorder Campaign Advice Needed - John Povejsil/MN
1/15/2007 9:41:55 AM (2352 views)
Re: Recorder Campaign Advice Needed - David Jenkins/PA
1/15/2007 10:34:55 AM (2365 views)
Re: Recorder Campaign Advice Needed - John Povejsil/MN
1/15/2007 10:53:05 AM (2358 views)
Re: Recorder Campaign Advice Needed - David Bloys/TX
1/15/2007 9:40:08 PM (4539 views)
Re: Recorder Campaign Advice Needed - David Jenkins/PA
1/15/2007 11:09:06 PM (2337 views)
Re: Recorder Campaign Advice Needed - Jan Forster/NC
1/15/2007 11:24:54 PM (4557 views)
Re: Recorder Campaign Advice Needed - David Bloys/TX
1/16/2007 12:38:45 AM (4552 views)
Re: Recorder Campaign Advice Needed - Scott Perry/PA
1/16/2007 6:43:17 AM (2339 views)
Re: Recorder Campaign Advice Needed - David Jenkins/PA
1/16/2007 1:42:16 PM (2356 views)

The NALTEA Conference - Robert Franco/OH
1/14/2007 10:30:25 PM (2133 views)
Re: The NALTEA Conference - Robert Franco/OH
1/16/2007 12:47:27 AM (4649 views)
Re: The NALTEA Conference - Nikky/FL
1/16/2007 7:04:23 AM (2378 views)
Re: The NALTEA Conference - Jay Duncan/MO
1/16/2007 9:48:09 AM (2507 views)
Re: The NALTEA Conference - Nikky/FL
1/16/2007 10:28:22 AM (2380 views)
Re: The NALTEA Conference - Kevin Ahern/CT
1/17/2007 6:30:10 AM (2366 views)
Re: The NALTEA Conference - Robert Franco/OH
1/16/2007 9:01:48 PM (2358 views)
Re: The NALTEA Conference - Patrick Scott/IL
1/16/2007 10:58:39 PM (2249 views)
Re: The NALTEA Conference - Wanda Steudel/OH
1/17/2007 10:41:52 AM (2381 views)
Re: The NALTEA Conference - Nikky/FL
1/17/2007 5:40:45 PM (2268 views)
Re: The NALTEA Conference - SHARON YAHRAES/ID
1/17/2007 9:08:26 PM (2326 views)
Re: The NALTEA Conference - Kurt deVries/FL
1/18/2007 12:45:02 PM (2244 views)

ACCU-FAX AUTHENTIC FILE RETRIEVAL SERVICE - Austin Whitaker/NY
1/14/2007 10:21:01 PM (1811 views)

Online invoices - Alan Voorheis/WA
1/13/2007 6:15:56 PM (3160 views)
Re: Online invoices - Anne Gilbert/VT
1/15/2007 1:16:30 PM (2293 views)
Re: Online invoices - Alan Voorheis/WA
1/17/2007 9:19:14 AM (2198 views)

Oneida County Pulls Plug on Internet Records - David Bloys/TX
1/13/2007 1:25:59 PM (2828 views)

Predatory Lending - Kevin Ahern/CT
1/11/2007 1:41:04 PM (3370 views)
Re: Predatory Lending - Chris Konzel/NY
1/11/2007 8:26:41 PM (2561 views)
Re: Predatory Lending - Kevin Ahern/CT
1/12/2007 5:04:09 AM (4753 views)
Re: Predatory Lending - Bobbi Shorthouse, Notary Public/CT
1/12/2007 1:36:55 PM (2455 views)
Re: Predatory Lending - george Hubka/MI
1/12/2007 7:42:53 PM (2477 views)
Re: Predatory Lending - Kevin Ahern/CT
1/12/2007 9:34:03 PM (2409 views)
Re: Predatory Lending - John Povejsil/MN
1/15/2007 10:37:42 AM (2472 views)
Re: Predatory Lending - Kevin Ahern/CT
1/15/2007 11:49:43 AM (2442 views)
Re: Predatory Lending - John Povejsil/MN
1/15/2007 1:30:02 PM (2404 views)
Re: Predatory Lending - Kevin Ahern/CT
1/15/2007 2:55:24 PM (2424 views)

See you in San Diego! - Robert Franco/OH
1/11/2007 1:02:27 PM (3003 views)
Re: See you in San Diego! - Jay Duncan/MO
1/11/2007 1:17:01 PM (2259 views)
Re: See you in San Diego! - Patrick Scott/IL
1/11/2007 2:44:37 PM (2239 views)

My Brother sent me this today. - George Booth/OH
1/10/2007 5:21:30 PM (2189 views)
Re: My Brother sent me this today. - Jay Duncan/MO
1/10/2007 6:28:10 PM (2251 views)
Re: My Brother sent me this today. - Deborah Manion/VA
1/10/2007 7:46:39 PM (2307 views)
Re: My Brother sent me this today. - Patrick Scott/IL
1/10/2007 11:05:25 PM (2265 views)
Re: My Brother sent me this today. - Robert Franco/OH
1/10/2007 11:40:29 PM (2313 views)

NEW! Source of Title Blog - Robert Franco/OH
1/10/2007 12:10:07 PM (2174 views)
Re: NEW! Source of Title Blog - Deborah Manion/VA
1/10/2007 7:47:49 PM (2270 views)
Re: NEW! Source of Title Blog - Deborah Manion/VA
1/10/2007 7:52:48 PM (2274 views)
Re: NEW! Source of Title Blog - Robert Franco/OH
1/11/2007 10:58:39 AM (2245 views)

Title Premiums Below Filed Rate - John Povejsil/MN
1/10/2007 7:17:29 AM (2167 views)
Re: Title Premiums Below Filed Rate - Robert Franco/OH
1/10/2007 9:45:28 AM (2368 views)
Re: Title Premiums Below Filed Rate - Seth Levine/MD
1/10/2007 1:45:51 PM (2353 views)
Re: Title Premiums Below Filed Rate - Chris Konzel/NY
1/10/2007 6:34:38 PM (2251 views)
Re: Title Premiums Below Filed Rate - John Povejsil/MN
1/15/2007 9:53:09 AM (2298 views)


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