Fannie Updates HUD-1 Rules
October 13, 2009
Fannie Mae recently issued new rules pertaining to its underwriting and eligibility policies, including changes to the HUD-1. Read on to learn how the changes impact escrow closing states, whether or not the buyer and seller need to sign the same document, and if a new HUD-1 is required if slight changes were made after one party signed the document.
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