Bela Toledo, CPA's (bela) Blog

By
Services for Real Estate Pros - McMichael & Toledo, CPAs

ARCHIVED BLOG POSTS

2010 

  • Jan
    (2)
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
One of the goals of the new RESPA rules is to make sure that lenders disclose exactly what they're charging up front and then don't change it.  This is a worthwhile goal since nobody likes bait and switch tactics.  Theres even a provision for "changed circumstances" in case something unforseen sh...
01/13/2010
In my conversation with Mr. White from VA about how to disclose unallowable fees under the new RESPA, he mentioned to me that they were struggling just like we were to figure it out. He also asked me my thoughts on the new regulations, and I thought I would share my reply: You asked about my thou...
01/11/2010
VA issued a circular on January 7th giving some guidance as to how to handle VA's unallowable borrower fees under the new RESPA. You can read it here: http://www.homeloans.va.gov/circulars/26_10_1.pdfIt seemed somewhat encouraging but not completely clear, so I e-mailed William White for clarific...
01/11/2010
Rainer
5,420

Bela Toledo, CPA

local_phone(541) 244-2192
smartphone(541) 660-2479
Contact The Author