Martinez Calls for Simplification of Loan Closing Process

July 2002
National Mortgage News;7/08/2002, Vol. 26 Issue 40, p2
Trade Publication
Reports that Mel Martinez, the secretary of U.S. Housing and Urban Development has proposed reform of the Real Estate Settlement Procedures Act (RESPA) at the state and federal level. Implications of the proposed rule for mortgage brokers and lenders; Comments from John Courson, chairman-elect of the Mortgage Bankers Association; Provisions of the proposed RESPA reform.


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