Real Estate Settlement Procedures Act (RESPA)

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:United_States_federal_law
gptkbp:abbreviation	gptkb:RESPA
gptkbp:administeredBy	gptkb:Consumer_Financial_Protection_Bureau gptkb:Department_of_Housing_and_Urban_Development
gptkbp:amendedBy	gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
gptkbp:appliesTo	federally related mortgage loans
gptkbp:codifiedIn	gptkb:12_U.S.C._§_2601_et_seq.
gptkbp:dateEnacted	1974
gptkbp:enactedBy	gptkb:United_States_Congress
gptkbp:enforcedBy	gptkb:Consumer_Financial_Protection_Bureau
https://www.w3.org/2000/01/rdf-schema#label	Real Estate Settlement Procedures Act (RESPA)
gptkbp:penalty	civil liability criminal liability
gptkbp:prohibits	kickbacks unearned fees
gptkbp:purpose	protect consumers in real estate transactions increase transparency in settlement process
gptkbp:regulates	mortgage lending real estate settlement process
gptkbp:relatedTo	gptkb:Truth_in_Lending_Act
gptkbp:replacedFormsBy	gptkb:Closing_Disclosure gptkb:Loan_Estimate
gptkbp:requires	gptkb:Good_Faith_Estimate_(GFE) gptkb:HUD-1_Settlement_Statement disclosure of settlement costs
gptkbp:signedBy	gptkb:Gerald_Ford
gptkbp:website	https://www.consumerfinance.gov/compliance/compliance-resources/mortgage-resources/real-estate-settlement-procedures-act/
gptkbp:bfsParent	gptkb:TILA
gptkbp:bfsLayer	6