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Home » Store » News » Lenders to Seek Better RESPA Rules in 2009

Lenders to Seek Better RESPA Rules in 2009

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Disappointed with the Department of Housing and Urban Development’s final Real Estate Settlement Procedures Act regulations, mortgage industry participants said they will try working with consumer groups and the Obama administration next year to get a better rule.Use of both a streamlined good faith estimate and an expanded HUD-1 settlement statement under the new rule will...
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