The U.S. Department of Housing and Urban Development estimates that the reform of the Real Estate Settlement Procedures Act would save the average real estate loan borrower $936 in settlement costs, but the potential cost savings could be much lower at about $225, according to The TowerGroup.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top