Today, license exams are written by professionals. The “tricks” of the past are pretty much things of the past.
Remember the following rules?
“When in doubt, pick the longest answer” - there will not be a longest answer.
“Watch out for ‘must’, &lsq
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Today we end our discussion about RESPA changes.
What sounds like a pretty good idea is being seen by many of the key players in real estate and mortgage lending businesses (i.e., Realtors, title companies, mortgage bankers and mortgage brokers and others) as flawed. Here’s the industry buzz on these changes.
1. According to Ann Schnare&rsq
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This week we continue to look at proposed revisions to RESPA. Those of you in the mortgage lending business probably have some insight into what has been proposed and have heard from your organizations about what may be good, bad and ugly about the reforms.
Many of you who are real estate agents could care less about the loan
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Once again (the last failed attempt was in 2002) HUD is proposing to reform the Real Estate Settlement Procedures Act (RESPA) in order to protect consumers from unnecessarily high settlement costs. Over the next few days I will outline some background and impacts of HUD’s proposed regulations to reform RESPA. The proposed regulation
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