Hot Off The Presses: New RESPA Rules
By: Myles, January 27th, 2009
HUD, (Housing and Urban Development), finally has reformed the RESPA Rules, in an effort to improve disclosure of key loan terms and closing costs paid by the consumer when they buy or refinance a property.
This final rule amends HUD’s regulations to further RESPA’s purposes by requiring more timely and effective disclosures related to mortgage settlement […]
Tags: RESPA
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