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 The Real Estate Settlement Procedures Act (RESPA), is about closing costs and settlement procedures. RESPA requires that consumers receive disclosures at various times in the transaction and outlaws kickbacks that increase the cost of settlement services. RESPA is a HUD consumer protection statute designed to help homebuyers be better shoppers in the home buying process, and is enforced by HUD.
 http://www.hud.gov/offices/hsg/sfh/res/respa_hm.cfmLast Updated on 11/9/2007 10:35:00 AM

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4/7/2020 12:27:08 AM
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