Reforming the Real Estate Settlement Procedure: Review of HUD’s Proposed RESPA Rule: Hearing Before the Committee on Financial Services, U.S. House of Representatives

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Our Price: $25.00

Year: 2002
Pages: 100
Binding Paperback

Product Code: 0756742382

Description

Michael Oxley (ed). Hearing on the administration’s proposal to reform the mortgage disclosure & settlement process, called the Real Estate Settlement Procedures Act of 1974 or RESPA. The goal is to meet the twin objectives of providing a meaningful disclosure process for the potential homebuyer, keeping closing costs down, & prohibiting unfair fees, & at the same time meeting the market & technology needs of the mortgage finance system, which are far different than envisioned in RESPA’s creation back in 1974. Witnesses: Mel Martinez, Sec., Dept. of Housing & Urban Dev’t. (HUD); & John C. Weicher, Assist. Sec. for Housing-FHA (Fed. Housing Authority) Commissioner.

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