Two HUDs Are Not Better Than One…
Marta D., escrow officer for one of our sister branches, knows the importance of adhering to the RESPA Rules. When the third party negotiator asked her to prepare two different HUD–1 statements for the same transaction she refused. Read on for all the details. Short sale transactions can be quite challenging. Settlement agents act as […]
A Tale of Short Sale Smoke and Mirrors
What do you do when the first lien holder’s statement requires no more than $1,000 to be paid at closing to the second lien holder on a short sale and the real estate brokers offer to pitch in? Chasing Down the Loan Servicers Malou G., an escrow officer at one of our sister branches, opened […]