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Volume 21 - Number 5

March 8, 2010

Revamped RESPA Rule Increases Litigation Risk, Attorney Warns

The revamped Real Estate Settlement Procedures Act regulations create more compliance risks and potential pitfalls that could result in more litigation, according to Rebecca Redmond, a closing attorney and a partner with Sirote & Permutt. The revised RESPA rule comes with a host of questions, which the Department of Housing and Urban Development is trying to...

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