Latest Video
[CaRP] php_network_getaddresses: getaddrinfo failed: Name or service not known (0)
[CaRP] Can't open remote newsfeed [-1].
Newsfeed display by CaRP
Latest Blog Post
Unclaimed FundsThe Federal Deposit Insurance Corporation (FDIC) provides deposit insurance to financial institutions and depositors of these institutions. If a financial institution is closed, by a regulatory agency, the FDIC is appointed as Receiver and is responsible for the payment of insured deposits and the liquidation of the remaining assets. If you did not claim your funds previously you now have another opportunity to do so. Review the "How to claim your funds" section below and complete the attached form. Why does FDIC have unclaimed funds? When a failed financial institution (ban...
Newsfeed display by CaRP
News for Bankers
U.S. Takes Aim at Chinese Banks Aiding Russia War Effort - The Wall Street Jo...23 Apr 2024 at 10:47am
U.S. Takes Aim at Chinese Banks Aiding Russia War Effort The Wall Street Journal
US wants to use the dollar to stop Chinese banks helping Russia: WSJ - Busine...
23 Apr 2024 at 5:26am
US wants to use the dollar to stop Chinese banks helping Russia: WSJ Business Insider
US sanction threats against Chinese banks over Russia trade ties risk 'gargan...
24 Apr 2024 at 6:00am
US sanction threats against Chinese banks over Russia trade ties risk 'gargantuan' financial instability South China Morning Post
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court ord...
24 Apr 2024 at 2:10pm
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank CNBC
US consumers on lower incomes face loan stress while banks pull back - Reuters
22 Apr 2024 at 3:12pm
US consumers on lower incomes face loan stress while banks pull back Reuters
Congress passes bill that could unlock billions in frozen Russian assets for ...
20 Apr 2024 at 8:15am
Congress passes bill that could unlock billions in frozen Russian assets for Ukraine NBC News
Newsfeed display by CaRP
Back
New HUD-1 Form https://www.hud.gov/content/releases/hud-1.pdf A. Settlement Statement (HUD-1) Previous editions are obsolete Page 1 of 3 HUD-1 OMB Approval No. 2502-0265 ( ) J. Summary of Borrower’s Transaction K. Summary of Seller’s Transaction 100. Gross Amount Due from Borrower 400. Gross Amount Due to Seller 101. Contract sales price 401. Contract sales price 102. Personal property 402. Personal property 103. Settlement charges to borrower (line 1400) 403. 104. 404. 105. 405. Adjustment for items paid by seller in advance Adjustments for items paid by seller in advance 106. City/town taxes to 406. City/town taxes to 107. County taxes to 407. County taxes to 108. Assessments to 408. Assessments to 109. 409. 110. 410. 111. 411. 112. 412. 120. Gross Amount Due from Borrower 420. Gross Amount Due to Seller 200. Amounts Paid by or in Behalf of Borrower 500. Reductions In Amount Due to Seller 201. Deposit or earnest money 501. Excess deposit (see instructions) 202. Principal amount of new loan(s) 502. Settlement charges to seller (line 1400) 203. Existing loan(s) taken subject to 503. Existing loan(s) taken subject to 204. 504. Payoff of first mortgage loan 205. 505. Payoff of second mortgage loan 206. 506. 207. 507. 208. 508. 209. 509. Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210. City/town taxes to 510. City/town taxes to 211. County taxes to 511. County taxes to 212. Assessments to 512. Assessments to 213. 513. 214. 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. Total Paid by/for Seller 520. Total Reduction Amount Due Seller 300. Cash at Settlement from/to Borrower 600. Cash at Settlement to/from Seller 301. Gross amount due from borrower (line 120) 601. Gross amount due to seller (line 420) 302. Less amounts paid by/for borrower (line 220) ( ) 602. Less reductions in amount due seller (line 520) 303. Cash From To Borrower 603. Cash To From Seller B. Type of Loan 6. File Number: 7. Loan Number: 8. Mortgage Insurance Case Number: 1. FHA 2. RHS 3. Conv. Unins. 4. VA 5. Conv. Ins. C. Note: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked “(p.o.c.)“ were paid outside the closing; they are shown here for informational purposes and are not included in the totals. D. Name & Address of Borrower: E. Name & Address of Seller: F. Name & Address of Lender: G. Property Location: H. Settlement Agent: I. Settlement Date: Place of Settlement: The Public Reporting Burden for this collection of information is estimated at 35 minutes per response for collecting, reviewing, and reporting the data. This agency may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number. No confidentiality is assured; this disclosure is mandatory. This is designed to provide the parties to a RESPA covered transaction with information during the settlement process. Back
New HUD-1 Form https://www.hud.gov/content/releases/hud-1.pdf A. Settlement Statement (HUD-1) Previous editions are obsolete Page 1 of 3 HUD-1 OMB Approval No. 2502-0265 ( ) J. Summary of Borrower’s Transaction K. Summary of Seller’s Transaction 100. Gross Amount Due from Borrower 400. Gross Amount Due to Seller 101. Contract sales price 401. Contract sales price 102. Personal property 402. Personal property 103. Settlement charges to borrower (line 1400) 403. 104. 404. 105. 405. Adjustment for items paid by seller in advance Adjustments for items paid by seller in advance 106. City/town taxes to 406. City/town taxes to 107. County taxes to 407. County taxes to 108. Assessments to 408. Assessments to 109. 409. 110. 410. 111. 411. 112. 412. 120. Gross Amount Due from Borrower 420. Gross Amount Due to Seller 200. Amounts Paid by or in Behalf of Borrower 500. Reductions In Amount Due to Seller 201. Deposit or earnest money 501. Excess deposit (see instructions) 202. Principal amount of new loan(s) 502. Settlement charges to seller (line 1400) 203. Existing loan(s) taken subject to 503. Existing loan(s) taken subject to 204. 504. Payoff of first mortgage loan 205. 505. Payoff of second mortgage loan 206. 506. 207. 507. 208. 508. 209. 509. Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210. City/town taxes to 510. City/town taxes to 211. County taxes to 511. County taxes to 212. Assessments to 512. Assessments to 213. 513. 214. 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. Total Paid by/for Seller 520. Total Reduction Amount Due Seller 300. Cash at Settlement from/to Borrower 600. Cash at Settlement to/from Seller 301. Gross amount due from borrower (line 120) 601. Gross amount due to seller (line 420) 302. Less amounts paid by/for borrower (line 220) ( ) 602. Less reductions in amount due seller (line 520) 303. Cash From To Borrower 603. Cash To From Seller B. Type of Loan 6. File Number: 7. Loan Number: 8. Mortgage Insurance Case Number: 1. FHA 2. RHS 3. Conv. Unins. 4. VA 5. Conv. Ins. C. Note: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked “(p.o.c.)“ were paid outside the closing; they are shown here for informational purposes and are not included in the totals. D. Name & Address of Borrower: E. Name & Address of Seller: F. Name & Address of Lender: G. Property Location: H. Settlement Agent: I. Settlement Date: Place of Settlement: The Public Reporting Burden for this collection of information is estimated at 35 minutes per response for collecting, reviewing, and reporting the data. This agency may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number. No confidentiality is assured; this disclosure is mandatory. This is designed to provide the parties to a RESPA covered transaction with information during the settlement process. Back