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Home » Store » Taxable » RESPA, FHA Violators Agree to Settle Charges

RESPA, FHA Violators Agree to Settle Charges

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Taxable

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While the various industry and consumer groups geared up for their first public meeting on RESPA rulemaking, the Department of Housing and Urban Development has been busy cracking down on violators of FHA and Real Estate Settlement Procedures Act rules. HUD last week announced a $150,000 settlement with a Detroit title company charged with violating RESPA’s rule against compensating third parties for business referrals. The alleged offender, Metropolitan Title Co., agreed to HUD’s conditions without…
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