Does the new Hud Settlement Cost booklet get handed out with all GFE's or only purchase money as in the past?

We're trying to hard code as much information into our system as we can and we'd like to put this in the section:

"30 Days from Date of GFE"

I must be missing something. Where does it say the Block 1 can not change (period)?

Page 3 of the GFE states that the fees can not increase once the rate is locked.

Page 13 of the FAQ explains the changed circumstances. Item (2) Information particular to the borrower or transaction that was relied on in providing the GFE and that changes or is found to be inaccurate after the GFE has been provided, which information may include information about the credit quality of the borrower, the amount of the loan, the estimated value of the property, or any other information that was used in providing the GFE.

Page 22 - question of the FAQ states that the fees can not increase unless there is a changed circumstance.

We are going to quote all applicable delivery fees in Block 1 with the first box in block 2 checked based on the information have at the time of the GFE. It is easier to tell a customer that the GFE provided is a worse case scenario. It clearly states in (2) if information changes or is found to be inaccurate than we have a changed circumstance. We do not lock a rate until we have all the items necessary to approve the loan. We do not approve a loan until we have the appraisal. The delivery fees, which are part of our origination charges, are dependant upon the credit score and LTV. We know the credit score at the time of the GFE because we can obtain a credit report prior to giving the GFE. If the appraisal comes back lower, than that changes the LTV, therefore we have a changed circumstance. If the appraisal comes back the same, the fees we quoted will be correct. If the appraisal comes back higher, the LTV will be lower and the fees will either be the same as quoted or decrease.

If our flood determination fee is technically not charged to the borrower (it is absorbed as part of our doc. fee), does that mean we just don't put anything on our GFE about flood? On the old GFE, we didn't have it as an itemized stand-alone estimated cost, we just had Federal Flood listed as a required provider. With no required provider page anymore, i'm confused as to what to do. Never had to think as much about RESPA stuff as i am now. Any help is appreciated.

Does anyone out there have a form they are using for the providers list that they'd like to share???

iT SHOULD be itemized in 1100, just as it states.

Thanks for the information on that slide. It looks like that presentation was for FHA loans. Unless there is a new FAQ that has not been posted on the website I think we are going to stick with the FAQ page 22,

3) Q: Can the charge shown on the GFE, Block 1, "Our origination charge", increase after the GFE has been issued?
A: No. Block 1, "Our origination charge" cannot increase unless there is a "changed circumstance" as defined in 24 CFR § 3500.2.

Regarding prequalifications where you have five pieces of info, but not the property address, are you continuing to mail the individual the same prequal. letter as you did prior to the new RESPA changes? What disclosures (notice to home loan app., credit score discl., right to receive copy of appraisal, servicing discl., affiliated business,etc.) do you send with the prequal. letter? Also, do you phrase it something to the effect of: You are pre-qualified for a loan in the amount of $xxxxxxxx. This is based on a 30 year fixed rate at the current rate of 6.00%. The estimated principal and interest payments would be$xxx. The following documents are required to process the file after we receive your intent to proceed... then list all of the enclosed disclosures plus note income and asset verifications, etc. will be needed following intent.

We don't send the score notice separately. We have the credit bureau send it out.
Thanks!