There is no specified form to be followed for the settlement statement.
Correct Answer:
Verified
Q7: Escrow instructions need not be in writing
Q8: The seller can serve as the escrow
Q9: RESPA is applicable to all loans involving
Q10: RESPA is applicable to home improvement loans.
Q11: The good faith estimate under RESPA must
Q13: HUD is responsible for RESPA forms and
Q14: RESPA specifies percentage ranges for total good
Q15: RESPA limits amounts that lenders can hold
Q16: The buyer and seller can agree as
Q17: The escrow agent bears the responsibility for
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