e s c r o w c
TRANSCRIPT
-
8/14/2019 e s c r o w c
1/2
Escrow ExaminerFebruary 2010
ALTOS WEBINARSFebruary 2010
Altos 101: Understandin the Altos Research Market Reports
Wd., F. 7, 9 - . Clk HERE t gt
L t t kl Alt R kt pt. W ll lk tg
t t qt d p qt. Dg t ,
ll v t t Etv S d dtld Mkt Updt
pt vll t Pkd E & T E F.
Altos 201: Bloin Lite - How to Blo without Bloin
M., F. 8, 9 - . Clk HERE t gt
T ll t p t tgt lggg ppl t vd
ktg tt t v ltg tg d tg plt lggg plt
Wll v t tl d vll Alt R pl lk Pt
Fk, tt, d , lttl WdP t! - t lp k l tt kt
t t lt tt t d-t-d t lg.
(article continued on back
RESPA REFORM an updateAt Pkd E d T E F j t tp ll t ltt glt
g tt l dl tl. W v t pt
tt AND t tg d t k tt dt lt d
ppl t t p d t ld t t t qd t vd d
dl t lg.
THREE IMPACTS YOU NEED TO KNOW
1) New RESPA Reform Good Faith Estimate (GFE)
Cg ld lp vd p g t lg, v t lt t p t t l, d lttl l d t t ll- t t tt.
T GFE qd tgg pplt tk t J ,
(t ppt dtd) ltg t plt tl t d l
t g t.
Addtll, E d tl Agt ll qd t pvd t t
RESPA R HUD- ttlt ttt tt ll lg t t GFE,
lg gtd t J , p t GFE d.
Impact: N gt pt t d .
P I C K F O R DE S C R O W C O M P A N Y
Te
www.pickordescrow.com www.theescrowirm.com
https://www2.gotomeeting.com/register/403653546https://www2.gotomeeting.com/register/878886979https://www2.gotomeeting.com/register/878886979https://www2.gotomeeting.com/register/403653546 -
8/14/2019 e s c r o w c
2/2
he Escrow Examiner February 2010
www.pickordescrow.com www.theescrowirm.com
(article continued from front)
2) New RESPA Reform HUD-1
T ttlt ttt d t
t t pg.
It ld d--d p t t lp p t l l t dld t ltt GFE
t t g t HUD-.
B d Sll ll qd t g ttd
HUD- t t ddt t ttd ttlt
ttt
Business Impact: ALL g dld t HUD-
t t v d p t t GFE. I
g df t % t ttlt, t
dl lg ( Pg 3 t N GFE plt
t g g d t t). E ll
dg t t Ld l t p t lp
t GFE d HUD-.
3) Time line impact
I t vt t ttd HUD-
t % t t jt t tl , t
lg dld.
T ld t k t t E d/ tl Cp
t dt t g q vd GFE t dt t . (F GFE t d t t
gd t .. t g l pdt
g)
I t g lt t APR t
.5%, t ddtl tg pt
PClg IL ll d t pvdd.
Business Impact: pttl lg dl:
() A vd GFE t pvdd t t llg
t lt d t v p t lg.
() I t APR t .5%, t t Ldg
(IL) dl ( ll t PClg IL) t d
t lt 7 d p t lg. B l t ll 3
d lg d pvd t t t t
t qd t dt t tl t t
l .
NOE: O BRING HE FEES WIHIN OLERANCE t
AGAINS HE LAW ld gt t k t ESCROWOR ILE COMPANY t g t .
SOURCE: consolidated information from HUD.GOVwebsite.
A RECAP: State of Foreclosures 2010
Weve had two very well-attended events with Rick Sharga o RealtyTrac discussing oreclosure
trends rom 2009 and looking orward into 2010 and beyond. Weve recorded a video session and iyoud like a DVD o the presentation please contact your Pickord Escrow Ofcer or Sales Rep and we
can get one to you.
For a short video clip o Rick Sharga and Joe Curtis discussing the uture o oreclosures and an
outlook or 2010 with regard to short sales -
CLICK HERE
LOOK FOR ANOTHER RICK SHARgA EvENT COMINg TO LOS ANgELES IN THE COMINg MONTHS!
576: Number o agents who haveregistered or attended an AltosResearch Webinar brought to you by PickordEscrow & The Escrow Firm
58.6: Re-deault rate percentage or FannieMae Portolio Loans 12 months atermodifcation (per OTS Mortgage Metrics Report)
By ThE NuMBERS
http://hud.gov/http://joecurtis.posterous.com/joe-curtis-and-rick-sharga-discuss-2010-forechttp://joecurtis.posterous.com/joe-curtis-and-rick-sharga-discuss-2010-forechttp://hud.gov/