Real estate bundling comes of age Premium Content

Settlement service providers discover value and necessity

Inman News®

CABO SAN LUCAS, Mexico -- The Department of Housing and Urban Development tried to push real estate settlement service providers to offer bundled loan origination and closing packages, by reforming the Real Estate Settlement Procedures Act, known as RESPA. While that effort faltered famously last year, lenders, title insurers, real estate brokers and others are developing bundling programs on their own as market forces propel the changes regulators weren't able to mandate.

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