Exam term

RESPA

The federal Real Estate Settlement Procedures Act, which regulates settlement-service referrals and charges, prohibiting kickbacks and unearned splits on federally related mortgage loans.

Lessons that use this term

Financing and credit laws: truth in lending, RESPA, and fair lending California
The title closing: recording acts, chain and abstract of title, title insurance, and RESPA New York
RESPA, ECOA, mortgage fraud, and predatory lending Texas