Latest Compliance - HUD Topics

HUD has announced its fair housing awards to organizations that will use the funds to promote fair housing activities.

HUD receives about 5,000 Fair Housing complaints each year.

HUD recently announced that it had reached agreements with three mortgage lenders to make nearly $1.4 billion in home mortgages and spend an additional $6 million on programs to increase home owner

If you are looking for information on fair lending and fair housing, there is a huge library waiting to be tapped on the Internet. You can start in HUD's home page.

In its relatively brief lifetime, the Fair Housing Act has been through many iterations.

In the past nine years, HUD and its partner agencies have resolved nearly 25,000 complaints and found 4,000 cases of real discrimination.

Question: What is the correct date to put on the HUD-1 when we are going to settlement on a loan that is subject to rescission?

Question:We have a customer who increased his hazard and liability insurance and now has a deficiency in his escrow account.

Compliance programs tend to focus on the "alphabet" regulations like B, C, CC, DD, Z and their peer regulations.

Question: We are making a loan covered by RESPA and the property is being sold by an estate. We need the signatures of four people selling the property to perfect title.