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3 Cards in this Set
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- Back
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RESPA Reg X |
Real Estate Settlement Procedures Act profligate do by HUD to help consumers to become better shoppers. Enforced by CFPB |
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RESPA Provisions |
Prohibits kickbacks & fee splitting and receiving unearned fees. |
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RESPA violators are to: |
Fines up to $10,000 Imprisonment up to 1 yr Liability up to 3x the amt of the charge paid for the service |
