Industry NewsMortgage

New mortgage form a grand idea

Perspective: HUD's new good faith estimate is chock-full of improvements
Published on Mar 27, 2008

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by CareyBot

It's easy to complain about government paperwork, but sometimes something as seemingly simple as a new form can be worth much more than the paper it's printed on. Such is the new standardized and borrower-friendly Good Faith Estimate that has been proposed by the U.S. Department of Housing and Urban Development.

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