Industry News

HUD’s mortgage reform will increase loan costs

FTC study finds adverse affects of mortgage broker disclosures
Published on Mar 1, 2004

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

The mortgage broker compensation disclosure the Department of Housing and Urban Development proposed in its Real Estate Settlement Procedures Act (RESPA) reform will cause consumer confusion and mistaken loan choices that will increase mortgage costs for many consumers, a study ...