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new GFE loophole

The New Good Faith Estimate (GFE): Some Glaring Omissions

by Richard D. Vetstein, Esq. February 2, 2010 Closings
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Lenders have been using the new Good Faith Estimate for a little over one month now. Gauging from the vociferous complaining in the lender blogosphere, it is an understatement to say that many lenders believe HUD really blew it with this new form. One would think that the new 3 page GFE would provide everything [...]

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