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What Property Professionals Must Understand About RESPA: Difference between revisions

Created page with "[https://www.zillow.com/ zillow.com]<br>RESPA- the Real Estate Settlement Procedures Act- ensures openness throughout realty settlements. As a federal law, it prevents predatory settlements, mandating that mortgage loan providers, brokers and other loan servicers offer full transparency to borrowers, avoid kickbacks and excessive recommendation charges and set escrow account guidelines.<br><br><br>RESPA Summary<br><br><br>Some of the substantial arrangements of the law i..."
 
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