HUD Acts On RESPA

Housing agency expected to loosen up on kickback rules.

1 minute read

July 30, 2002, 7:00 AM PDT

By Chris Steins @planetizen


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.

Thanks to Inman News

Monday, July 29, 2002 in Inman News

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