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For All Real Estate Professionals

For Information on the New RESPA Rules, including the RESPA Final Rule, "Fillable" New Good Faith Estimate and HUD-1 Forms, the new HUD1-A, and the most current New RESPA Rule FAQs, visit: http://www.hud.gov/offices/hsg/ramh/res/respa_hm.cfm.

THE VA has issued guidance on how to disclose origination fees on the new GFE and HUD-1 Settlement Statement forms for VA home loans. The 1% cap on origination charges is still in effect, and VA must see “allowable” charges itemized in the disclosures in the 800s. To view the new VA Home Allowable Fees Circular 26_03_11, visit http://www.homeloans.va.gov/circulars/26_10_1.pdf.