Online: The Real Estate Settlement Procedures Act (RESPA)
The Real Estate Settlement Procedures Act (RESPA) was passed by Congress in 1974 to limit real estate lending practices employed by banks that were deemed to be unfair to the consumer. RESPA was amended in 2010 to restrict the amount that fees can increase between the GFE and HUD-1 or HUD-1A.
This program contains 1 module(s)
1 CPE Credit(s)
Category: Compliance - Bank Specific