If a borrower selects an attorney to represent the borrowers personal interests at settlement, where is this attorneys fee disclosed on the HUD-1?
If a borrower selects an attorney to represent the borrower’s personal interests at settlement, and the service provided by that attorney is separate from the functions necessary to conduct the closing, provide title services or issue the lender’s title insurance policy, this attorney’s charge may be separately listed on a blank line in the 1100 series in the borrower’s column along with the name of the attorney and type of service provided. Accordingly, the amount of this attorney’s fee should not be included in the charge listed on Line 1101.
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