Ocean City, Maryland Real Estate Blog by Kevin and Monica McNamara at Coldwell Banker

What Does The New RESPA Guidelines Mean To You As A Property Buyer?

What Does The New RESPA Guidelines Mean To You As A Property Buyer?

March 4, 2010 by · 2 Comments 

Join Devin Holland, of Mid-Atlantic Title Services, and myself as we discuss the new RESPA regulations which became effective 1/1/10 and how this effects a home or condominium purchaser. Thank you Devin, for taking the time to talk with me. Monica

New RESPA Changes – What That Means To You

New RESPA Changes – What That Means To You

January 4, 2010 by · Leave a Comment 

HUD, (Housing and Urban Development), in an effort to improve disclosure of key loan terms and closing costs paid by the consumer when they buy or refinance a property, HUD has reformed the RESPA Rules. Here is a summary of the final rule: Good Faith Estimate – now it will be a three page document, [...]

Ocean City, Maryland Real Estate Blog by Kevin and Monica McNamara at Coldwell Banker