RESPA
Definition
The Real Estate Settlement Procedures Act, a Federal consumer protection statute first enacted in 1974. RESPA was designed to protect home purchasers and owners shopping for settlement services by mandating certain disclosures, and prohibiting referral fees and kickbacks.
Related Terms Other terms related to 'RESPA' starting with the letter 'R' Retail lender, Rate point breakeven, Right of rescission, Recast payment, Referral site Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 