RESPA Changes are on their way!

RESPA, enacted by Congress in 1974, is a federal consumer disclosure designed to inform consumers of their settlement costs and to prohibit certain practices, such as referral fees between settlement service providers, that result in higher costs to consumers.

The RESPA was recently amended, with changes becoming effective Jan. 1, 2010.

Please make sure that you have this new information and if training is available in your area try to get in a session.