RESPA Reform Highlighted in the Wall Street Journal
Did you see this article in the WSJ about RESPA Reform? I thought it was interesting that it echos what we've been saying for months: the whole point of this reform is intended to keep negative surprises from occuring at the closing table. I also was glad to see our additional costs associated with compliance acknowledged, along with a nod to the notion that those costs will likley be passed along to consumers. I didn't agree with all of their descriptions - especially the tolerance issues - but I thought it was an overall good piece.
- mschuster's blog
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