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HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US. As usual, the proposals were open for comment, and many thousands of them were received. Mine was among them, and is shown ... more... Are Settlement Services Overpriced? July 6, 1998 "In my recent home purchase, I bought title, property hazard, and mortgage insurance policies from 3 different companies that I did not know, at prices given to me by my lender. Judging from the circumstances, I am guessing that ... more... |
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real estate buyers guide related definitions |
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RESPA
Real Estate Settlement Procedure Act (RESPA) A federal law passed in 1974 that requires lenders to provide home mortgage borrowers in advance with information of known or estimated settlement costs. RESPA also limits the amount lenders may require to be held in escrow for ... more... Real Estate Investment Trust Real Estate Investment Trust (REIT) A trust that uses investors money to purchase and manage real estate. A Real Estate Investment Trust (REIT) is a company that invests its assets in real estate holdings. REIT investments may be excellent inflation hedge. REIT's ... more... |
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More about real estate buyers guide 10 Reasons A Home Buyer Will Never Buy Your House The Residential Real Estate Selling Process In Austin Texas The Best Way to Buy a New Home While Selling Your Existing Home Real Estate Investing Foreclosures 17 Sure Fire Tips for a Successful Open House A Few Basic Tips for First Time Home Buyers How to Work With More Than One Real Estate Agent When Buying a Home Mortgage Marketing: 3 Power Tools that Secure Leads from Realtors How to Avoid Paying Mortgage Insurance Why Good Houses Don't Sell?
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