New RESPA Forms and Procedures

New RESPA Forms and Procedures on www.AFRWholesale.com

02/17/2010 - With the new Good Faith Estimate guidelines put in place for 2010, it is imperative that all loans submitted to American Financial Resources, Inc. comply with these guidelines and are complete when submitted. Please review our New RESPA Policy Procedures (click here)

When submitting new files to AFR Wholesale, it is imperative that the proper disclosures and borrower acknowledgements are included with every package. Over the past 30 days, we have revised several key documents that must be included:

• 1.Intent To Proceed (click here)
• 2.RESPA Changed Circumstances (click here)
• 3.Appraisal Acknowledgement (click here)
• 4.Borrower Contact Information (click here)

AFR Wholesale has also just announced AFR’s GFE HelpDesk. This help desk is available via e-mail and e-fax only. Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it or efax 973-553-0151 PRIOR TO DISCLOSING THE GFE TO YOUR CLIENTS.