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Federal Issues in Brief:
RESPA
The Issue
Among other limitations, RESPA (Real Estate Settlement Procedures Act) prohibits a REALTOR® from accepting a "thing of value" for referring business to a mortgage broker or banker, or a title company or agent.

What This Means for You
  • REALTORS® must ensure that they are complying with RESPA, as penalties include triple damages, fines and even imprisonment.
Latest News
September 23, 2005
Watch the free RESPA webcast, originally aired September 22
Read more >

March 22, 2004
NAR Statement on Withdrawal of RESPA Regulation
Read more >
January 6, 2004
RESPA Rule Should Not Be Finalized, NAR President Testifies
Read more >




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Related Resources
RESPA Dos and Dont's (PDF: 78K)
Complete Coverage






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