Real Estate Settlement Procedures Act

 

RESPA
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REAL ESTATE SETTLEMENT PROCEDURES ACT

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The Real Estate Settlement Procedures Act (RESPA) is a consumer protection statute. It covers one-to-four family residential property purchase loans, assumptions, refinances, property improvement loans, and equity lines of credit. Section 10 of the RESPA limits the amount of money a lender may require the borrower to hold in an escrow account.

Your Rights under The Real Estate Settlement Procedures Act.
Text of The Real Estate Settlement Procedures Act
RESPA Rules relating to disbursements from escrow accounts.
What can you do to get a refund if the lender was at fault for paying the tax bill late?

Here is a list of various (FAQs) that the Office of Single Family Housing within HUD has collected for citizens and partners. Be sure to go to HUD's main Common Questions page for additional information and lists.

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