News
RESPA - Real Estate Settlement Procedures Act
HUD is requiring that loan originators provide borrowers with a standard Good Faith Estimate that clearly discloses key loan terms and closing costs and that closing agents provide borrowers with a new HUD-1 settlement statement. New RESPA regulations were published November 17, 2008 and are scheduled to take full effect on January 1, 2010. The "New RESPA Rule FAQs" were comprised from industry questions and are posted to facilitate implementation of these new requirements. For more information, please visit http://www.hud.gov/offices/
hsg/ramh/res/respa_hm.cfm
At Freedom Title, we are committed to providing our customers with outstanding service and transaction efficiency. We will bring respect, integrity, and creativity to every transaction in our efforts to assist our customers' endeavors in the marketplace. We pledge to uphold these values in the choices we make every day.
MIKE WOIJECK
President
President