Industry leaders say RESPA has not kept pace with digital leads, MSAs and ABAs, as private lawsuits fill an enforcement gap.
The Mortgage Bankers Association (MBA) on Thursday released a new white paper, which argues that Section 8 of the Real Estate Settlement Procedures Act (RESPA) is in need of reform and modernization ...
Ernst Publishing Company has announced the results of an internal study that indicates that problems related to compliance with the Real Estate Settlement Procedures Act (RESPA) will cost the industry ...
It is no secret that the Federal Deposit Insurance Corporation (FDIC) actively monitors its banks for compliance with Section 8 of the Real Estate Settlement Procedures Act (RESPA Section 8). However, ...
On April 2, 2024, a putative class action was brought against United Wholesale Mortgage (UWM) alleging, among other claims, violations of Section 8(a) of the Real Estate Settlement Procedures Act ...
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Bank of England in Arkansas and nine former employees have settled with a regulator over their violations of numerous real estate laws impacting over 900 consumers. Processing Content The Federal ...