Effective July 21, 2011, RESPA is enforced by the Consumer Protection Bureau.
http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/rmra/res/respa_hm
No additions to the GFE can be made without the lender giving borrowers' advance notice and approval (full disclosure). I've been noticing that some lenders/escrow companies are attempting to slip cost line items in at the 13th hour, especially during the hustle and bustle of mid month and month end chaos to close files in a timely manner. |
