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Compliance Guidance for RESPA as it Applies to the Federal Reserve Board’s MLO Compensation Rules

The U.S. Department of Housing and Urban Development’s, Office of Housing, Office of RESPA and ILS, issues the following additional guidance on how mortgage loan originators (MLO) comply with the Real Estate Settlement Procedures Act (RESPA), in light of the Federal Reserve Board’s (FRB) Loan Originator Compensation rule that is effective April 1, 2011.  Please click here to read the additional guidance.

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