| If I'm not mistaken the borrower's will have to have the HUD 1 day prior to closing starting 1/1/10 due to the new HUD rules. Needless to say I hope that eliminates waiting for HUD approval right before the closing. I attended two webinars on the new HUD rules and was very enlightening as I am responsible for preparing the HUD for the attorney I work for. We are supposed to have it to the bank the day before the scheduled closing. |
