RESPA — MORE THAN ANY OTHER FEDERAL STATUTE — PROFOUNDLY AFFECTS HOW THE MORTGAGE INDUSTRY CONDUCTS ITS BUSINESS. RESPA's APPLICATION TO THE EVOLVING MORTGAGE INDUSTRY HAS RAISED MORE THAN ITS FAIR SHARE OF CONTROVERSIAL ISSUES. — James H. Pannabecker

A Compliance Manual and Legal Treatise in One for Your Best RESPA Resource!

Real Estate lenders need to know how to comply with all the requirements under the Real Estate Settlement Procedures Act (RESPA) and Regulation X, and the Wall Street Reform Act continues to significantly change RESPA compliance requirements – as if RESPA weren't complex enough! Failure to comply with RESPA can lead to costly penalties, potential lawsuits, and a diminished reputation.

Pratt's RESPA Manual is designed for both attorneys and non-attorneys alike, providing mortgage professionals with the insight and guidance they need to comply with RESPA on a daily basis, and attorneys with the tools and reference materials they need to provide their clients with well-considered advice – all written in an easy-to-understand way that is accessible to both.

Pratt's RESPA Manual not only includes coverage of the issues raised by the Dodd-Frank Act, but the Consumer Financial Protection Bureau (CFPB) that has already taken several strong steps that affect RESPA compliance. Pratt's RESPA Manual covers all of these steps and provides guidance on their impact, such as: