HUD Acts On RESPA

30 July 2002 - 7:00am

Housing agency expected to loosen up on kickback rules.

The US Department of Housing and Urban Developmentissuedits recommendations on the Real Estate Settlement Procedures Act (RESPA)today. The long-awaited changes to RESPA rules are expected to make iteasier for real estate firms, lenders and title companies to earn feesoncross-selling their products without being charged with violatingfederalkick-back laws.

Full Story: HUD acts on RESPA
Source: Inman News, July 29, 2002
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