Credit Hours: 4
Learn How to Navigate the Ins and Outs of RESPA
RESPA—the Real Estate Settlement Procedures Act—applies to loans associated with federally related mortgage loans and was created to help home purchasers make informed decisions about their real estate transactions and to prohibit unlawful practices by real estate settlement providers. This course guides you through the requirements of the law, so you can avoid running afoul of it. Learn why the law was created, who it impacts, the implications of violations of RESPA, and examples to help you avoid the behavior that leads to fines, censure, loss of license, and imprisonment.
This course has been approved by the Minnesota Commissioner of Commerce for 4 hours of real estate continuing education.