Statements (29)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:United_States_federal_law
|
| gptkbp:alsoKnownAs |
Real Estate Settlement Procedures Act regulation
|
| gptkbp:amendedBy |
gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
|
| gptkbp:appliesTo |
mortgage servicers
mortgage brokers lenders federally related mortgage loans settlement agents residential real estate transactions |
| gptkbp:codifiedIn |
12 CFR Part 1024
|
| gptkbp:dateEnacted |
1974
|
| gptkbp:enforcedBy |
gptkb:Consumer_Financial_Protection_Bureau
U.S. Department of Housing and Urban Development (historically) |
| https://www.w3.org/2000/01/rdf-schema#label |
Regulation X
|
| gptkbp:implementedIn |
gptkb:Real_Estate_Settlement_Procedures_Act
|
| gptkbp:prohibits |
unearned fees
kickbacks and referral fees seller-required title insurance |
| gptkbp:provides |
borrower protections during servicing transfers
|
| gptkbp:purpose |
protect consumers in real estate transactions
|
| gptkbp:regulates |
escrow account practices
|
| gptkbp:requires |
gptkb:HUD-1_Settlement_Statement
disclosure of settlement costs Good Faith Estimate disclosure annual escrow account statements loss mitigation procedures timely responses to borrower inquiries |
| gptkbp:bfsParent |
gptkb:SEC_Regulation_T
|
| gptkbp:bfsLayer |
7
|