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New Good Faith Estimate
NEW GOOD FAITH ESTIMATE. CHANGE FOR THE BETTER? The government decided that a one-page Good Faith Estimate (GFE) was not adequate for the home buyer. Consequently, they have done a Real Estate Settlement & Procedures Act (RESPA) reform changing the original act that became law in 1974. This reform was supposedly done to benefit consumers (for a longer explanation of RESPA click here ... [Read more]



