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Archive for the 'RESPA' Category

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 […]

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Posted in RESPA, Attorneys, Real Estate Laws and Taxes, Commercial Title Companies | No Comments »

New RESPA Regulations: Unveiled & Exposed

By: Myles, April 6th, 2008

Real Estate Settlement Procedures Act (otherwise know as “RESPA”) reform is back, and in a big way. On Friday, March 14, 2008, the U.S. Department of Housing and Urban Development (“HUD”) published its proposed regulations to reform RESPA. 
Ironically, HUD partially titles its rule a “Proposed Rule to Simplify and Improve the Process of Obtaining […]

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Posted in Real Estate Brokers, Developers, Residential Real Estate, RESPA, Attorneys, Bankers, Regulation, Home Equity, Mortgages, Real Estate Laws and Taxes | No Comments »