Real Estate Settlement Procedures: Comptroller's Handbook September 2010 (Paperback) (ISBN-13: 9781505289749)

The Real Estate Settlement Procedures Act of 1974 (RESPA) (12 USC 2601 et seq.) (the act) became effective on June 20, 1975. The act requires lenders, mortgage brokers, or servicers of home loans to provide borrowers with pertinent and timely disclosures regarding the nature and costs of the real estate settlement process. The act also protects borrowers against certain abusive practices, such as kickbacks, and places limitations upon the use of escrow accounts.

Author: Comptroller of the Currency Administrato
ISBN-10: 1505289742
ISBN-13: 9781505289749
Publisher: Createspace Independent Publishing Platform
Language: English
Published: 01/01/2015
Pages: 44
Format: Paperback
Weight: 0.28lbs
Size: 11.02h x 8.50w x 0.09d