RESPA Compliance Toolkit | Practical Law

RESPA Compliance Toolkit | Practical Law

A Toolkit containing resources to help lenders, mortgage brokers, and servicers of home loans comply with the Real Estate Settlement Procedures Act. In particular, this Toolkit includes resources to help financial institutions provide borrowers with necessary disclosures regarding the nature and costs of the real estate settlement process and to comply with loan originator compensation requirements, prohibitions on kickbacks and referrals, and limitations on the use of escrow accounts.

RESPA Compliance Toolkit

Practical Law Toolkit w-004-8109 (Approx. 4 pages)

RESPA Compliance Toolkit

by Practical Law Finance
MaintainedUSA (National/Federal)
A Toolkit containing resources to help lenders, mortgage brokers, and servicers of home loans comply with the Real Estate Settlement Procedures Act. In particular, this Toolkit includes resources to help financial institutions provide borrowers with necessary disclosures regarding the nature and costs of the real estate settlement process and to comply with loan originator compensation requirements, prohibitions on kickbacks and referrals, and limitations on the use of escrow accounts.