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Home » Store » News » HUD to Apply RESPA to Warehouse Repurchase Agreements Like Traditional Lines of Credit

HUD to Apply RESPA to Warehouse Repurchase Agreements Like Traditional Lines of Credit

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The Department of Housing and Urban Development will treat warehouse financing arrangements that include a repurchase provision the same way it approaches other warehouse financing in terms of exempting these transactions from the Real Estate Settlement Procedures Act requirements. Staff at the Federal Deposit Insurance Corp. recently asked...
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