American Land Title Association
Home  >  News Room
News Room


SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software


HUD Delays RESPA Rule

January 16, 2009

   Related Information
Real Estate Settlement Procedures Act
Rule To Simplify and Improve the rocess of Obtaining Mortgages and Reduce Consumer Settlement Cost [pdf]

Due to litigation, the Department of Housing and Urban Development delayed the effective date of a rule that would ban builders from offering discounts to homebuyers that use their affiliated mortgage companies. The change was part of a revision to the Real Estate Settlement Procedures Act that was to take effect on Jan. 16 and is being delayed until April 16.



Print Friendly


How To Find Us:
American Land Title Association
1828 L Street, NW, Suite 705
Washington, DC 20036-5104
P. 202.296.3671 F. 202.223.5843
www.alta.org
service@alta.org
Copyright © 2004-2014 American Land Title Association. All rights reserved.
SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment