Answer:
If the customer does not purchase or use the service, you do not list it in the comparison tables. Refer to HUD's RESPA Roundup, July 2010.
First published on BankersOnline.com 8/29/11
Numbers not Matching on GFE and HUD
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Question:
We have read in the Federal Register that the amounts to be inserted in the comparison chart on the HUD form are only those for services that were purchased or provided as part of the transaction. We disclose on purchase transactions owner's title Insurance, which is rarely purchased. Does this make the GFE and HUD #'s not match?
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