Real Estate Settlement Procedures Act (RESPA)

Real Estate Settlement Procedures Act (RESPA)

RESPA (Regulation X) TILA (Regulation Z) Harmonization (Know Before You Owe or TRID) – NAR supports a RESPA/TILA harmonization that adds transparency, simplifies disclosures, and reduces burdens to settlement service providers, including real estate professionals. NAR continues to work with the CFBP to ensure outstanding concerns with the rule are addressed.