Jenna and Todd Alder are closing on their home. Their GFE disclosure put their closing costs at $4,200. When they arrive for their closing, the escrow agent explains that their closing costs will be $5,800. Which of the following are important in making the determination of whether closing costs of a RESPA-covered loan violated RESPA?

Question

Quizplus · Accepted Answer

Property taxes are a part of closing costs and are regulated by RESPA.

Jenna and Todd Alder Are Closing on Their Home