Costs associated with RESPA compliance

Submitted by admin on Fri, 04/10/2009 - 12:25pm
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The RESPA regulation contains a quite lengthy discussion regarding the costs of compliance for lenders and settlement agents. Do you think lenders and settlement agents in your market will recoup costs associated with RESPA compliance (including staff education and training) by raising transaction fees? What plans does your company have for educating staff in the areas of RESPA reform?

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