RESPA is about closing costs and settlement procedures. RESPA is a HUD consumer protection statute designed to help homebuyers be better shoppers in the home buying process. RESPA requires that consumers receive disclosures at various times in the transaction and outlaws kickbacks that increase the cost of settlement services. RESPA is enforced by HUD.

Consumer:

• More about RESPA
• FAQ's for Homebuyers
• FAQ's about Escrow Accounts
• Property Tax Alert
• Private Mortgage Insurance (PMI) Act Information
• Know Your Borrower's Rights
• Sample Complaint to Lender
• Buying Your Home: Settlement Costs
• State and Local Consumer Agencies
• What's New in RESPA
• Other Resources

Industry:

• Statute
• Final Rules & Regulations
• Proposed Rules
• Statements of Policy
• Mortgage Broker Policy Statement
• Mortgage Broker Contract
• Public Guidance Documents
• FAQ's for Industry
• Testimony
• Press Releases
• Joint Report to Congress

Questions & Comments