March 16, 2008
Proposed RESPA Reform
When I read the news on HUD’s proposed reform of the Real Estate Settlement and Procedures Act (RESPA) I was skeptical. Cathy from Sequim challenged me to read the 96-page federal register document so we could all figure out what’s going on. I am here to tell you that there is one very good change coming out of this proposal. In fact, it’s so good that I am borderline hopeful that this change might do what legislation is suppose to do and what HUD forgot to do when they signed the original version of RESPA in 1974. But first, the changes that will have many, but not all mortgage brokers screaming bloody murder:
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Posted on March 16, 2008 10:38 AM by Mortga104.
Filed in Mortgage Calculator under mortgage brokers.
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Comments
Thanks for the info about " Proposed RESPA Reform " and it is all about money calculation procedure. Now a days we need to track our money management due to recession.
We're from Mortgage Nederland...
Thanks for the post! Good luck!
Marc Jansen
Posted by: hypotheek check at August 6, 2009 01:14 AM
hey check out the following calculator too http://eaglenationwidemortgagetx.com/calculators/mortgage-payment-calculator.php
Its to calculate your mortgage payment and its totally free.
Posted by: kattie at June 2, 2009 12:55 AM