Increased penalties, liability is best for RESPA

Letters to the Editor

Inman News

Re: 'Industry slams HUD's RESPA proposal' (May 22)

Dear Editor:

Increasing penalties and allowing civil action against lenders and brokers will be the most effective step in bringing the industry to a higher level of performance.

All the rest is window dressing.

Gordon Schlicke
Consultant
Seattle

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