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September 2011

Understanding the HUD-1 Settlement Statement

1

What is the HUD-1 Settlement Statement? HUD is an acronym for Housing and Urban Development,  and represents the arm of the U.S. government department responsible for legislation relating to home ownership and property development within the United States of America.   The HUD-1 form, often also referred to as a “Settlement Statement”, a “Closing Statement”, […]

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