What Do Lenders Want and When Do They Want It?

Submitted by mschuster on Thu, 10/29/2009 - 8:39am
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At every RESPA Reform seminar we teach and especially at ALTA's Annual Conference last week, the burning question was "What Do Lenders Want and When Do They Want It?"  Wells Fargo has announced that December 5th is their Go Live date for 2010 GFEs (loan applications taken on or after Dec 5).  Wells Fargo is leading the way ... so we thought it would be good to ask them what they'll want and when they'll want it.  Linked here are some of their answers.  Be sure to notice their need for accurate, precise and early information as well as discussion TODAY about how business will flow for 2010 RESPA transactions tomorrow.  But then, you're RESPA Ready, so you're well on your way!