What do Olympic athletes earn? â Azerbaijan (Iâll give you $5 if you know where this country is located the prize has been claimed by one of my awesome readers!) will pay $510,000 to their athletes if they bring home gold medal from Olympic Games in Sochi.
New Loan Estimate Document Created. 1  Replaces the Good Faith Estimate (GFE) and initial Truth-in-Lending (initial TIL) disclosure. 2  The new form provides clearer information so that consumers understand the loan terms and estimates of loan and closing costs and to facilitate comparison shopping.
The specific disclosure that relates to settlement costs involves a lenderâs good faith estimate of the total amount of the settlement costs. New rules issued under RESPA require lenders to issue this good faith estimate within three days of receiving a loan application. Note that this requirement is met if the lender puts the GFE in the mail within three days; the borrower may receive it later than that.