Real Estate Settlement Procedures Act

AllRegs to Hold RESPA Reform Audio Conference 

As the U.S. Department of Housing & Urban Development’s proposal to change the rules regarding the Real Estate Settlement Procedures Act moves forward, there are many rumors and concerns about what exactly the proposal will mean for originators. Will yield spread premiums be affected? What exactly are the changes we can expect to see with the Good Faith Estimate? How will the HUD-1 Settlement Statement change?