Legal News for Credit Union Managers Since 1990

Archive for June, 2015

23
Jun
2015

Mandatory RESPA Regulation Disclosures

The Real Estate Settlement Act (RESPA) parameters have been significantly expanded by recent amendments to both the Act itself, as well as amendments to Regulation X and Regulation Z with the Truth in Lending Act.   Consequently, nearly all mortgages on a member’s one-to-four family residence require additional disclosures be distributed to the applicants.   The regulations expands […]

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