In Kallai v. Jatola Homes, a recent decision under Section 8 of the Real Estate Settlement Services Procedure Act (RESPA), a federal district court judge in Ohio ruled that class plaintiffs’ RESPA ...
For decades, companies providing real estate settlement services relied on well-established rules and guidance from the U.S. Department of Housing and Urban Development to establish business ...
In an important new development, the Consumer Financial Protection Bureau (CFPB) on Oct. 7, 2020, announced that it has rescinded Compliance Bulletin No. 2015-15 (Bulletin) regarding the Real Estate ...
What do beach trips, baseball tickets and fancy dinners have in common? All are violations of the 1974 Real Estate Settlement Procedures Act (RESPA) … or maybe they aren’t — it depends on the ...
Buying a home is probably the biggest investment you’ll ever make. And for most people, the home buying process also means an extensive learning curve to understand new terms and necessary services, ...
The acronym RESPA stands for the Real Estate Settlement Procedures Act, a federal law in place since 1975. While Congress has made changes to RESPA since its enactment, at its core, the purpose of the ...
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