A Good-Faith Effort To Clean Up Estimates

by Kenneth R. Harney

It's a distressingly familiar scenario for home buyers and refinancers, and it was one of the major mortgage-related consumer complaints to federal agencies in 2005: "good-faith estimates" of settlement costs that turn out to be hundreds, even thousands, of dollars off the mark.

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source: The Washington Post, January 28, 2006. via: HighBeam Research