RESPA - HUD's Proposed Partial Revision

The long awaited RESPA rule was published day before yesterday along with the new 4 page good faith estimate, HUD-1, and the sample scripts the settlement agent will use at every closing. There is a 60 day comment period on the proposed rule. Below are links to the new GFE, HUD-1, the closing scripts, closing instructions, and the proposed rule in its entirety.

GFE http://www.fambpalmbeach.com/5180GFE.pdf

HUD-1 http://www.fambpalmbeach.com/5180HUD1.pdf

Fixed Script http://www.fambpalmbeach.com/fir.pdf

ARM Script http://www.fambpalmbeach.com/arm.pdf

ARM Discounted Script http://www.fambpalmbeach.com/armdisc.pdf

Balloon Fixed Script http://www.fambpalmbeach.com/firballoon.pdf

Balloon Interest Only Script http://www.fambpalmbeach.com/firballoonio.pdf

Hybrid Arm Script http://www.fambpalmbeach.com/hybrid.pdf

Closing Instructions http://www.fambpalmbeach.com/instruc.pdf

RESPA RULE http://www.fambpalmbeach.com/RESPARULE.pdf

So far today (4+ solid hours of reading) I've covered the first 9 lnks here, and am on page 38 as we speak (of 131 pages) of that last link.