Can I add a blank line in the 800 section without a GFE reference?

No, according to HUD, lender and/or broker fees may not be charged outside of the GFE. Therefore, every line in the 800 section requires a GFE reference. We are seeing requests from brokers to do this, and you will notice when you add a line in the TitleExpress 2010 HUD-1 in the 800 section it always requires a GFE block selection. This is pursuant to the rule, and we have reconfirmed this functionality with a compliance officer at HUD.

 

Posted on 1/28/2010 8:02:00 AM by Barbara Miller

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Barbara Miller President & COO

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