What does the Real Estate Settlement Procedures Act cover?
A: Federally related mortgage loans, including home purchase loans,
A credit reporting agency wants to give my bank a dedicated printer to
A: As long as the printer is used strictly for communicating between the
Our bank received a referral from a mortgage broker for a
A: Yes. Fees unrelated to a real estate transaction are allowed.
Our board includes a lawyer whose firm sometimes handles our settlement
A: Yes. The firm as a whole is considered an affiliated business.