Real Estate Settlement Fairness Act

Fact Sheet API

Bill Number

HR 4627

Introduced

May 1, 2002

Latest Action

Referred to the Subcommittee on Housing and Community Opportunity.

Sponsor

Cosponsors

Topics

Administrative procedure Commerce Consumer protection Department of Housing and Urban Development Economics and Public Finance Federally-assisted loans Federally-guaranteed loans Finance and Financial Sector Government lending Government Operations and Politics Housing and Community Development Law Mortgage banks Mortgage guaranty insurance Mortgage loans Settlement costs

Full Text

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Votes

Summary

Real Estate Settlement Fairness Act - Amends the Real Estate Settlement Procedures Act of 1974 to prohibit certain unearned fees (including certain fee splitting) in connection with settlement services involved in federally related residential mortgage loan transactions.

Actions

May 9, 2002

Referred to the Subcommittee on Housing and Community Opportunity.
May 1, 2002

Referred to the House Committee on Financial Services.
May 1, 2002

Introduced in House

Amendments

Related Bills