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Home » Store » News » CA Thrift, Service Providers Learn Their RESPA Lessons the Hard Way

CA Thrift, Service Providers Learn Their RESPA Lessons the Hard Way

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A California thrift and three settlement service providers have agreed with the Department of Housing and Urban Development to settle charges of violation of the Real Estate Settlement Procedures Act. While the amounts and terms of the settlements might seem lighter compared with previous RESPA settlements, HUD’s announcement is seen as a clear warning to the rest of the industry that it takes RESPA enforcement seriously.
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