Why is respa important, Why is RESPA important? Who does

Why is respa important

Reference no: EM133543622

Part 1: When it comes to opening escrow and selecting service providers: Why is RESPA important? Who does the act protect? What are the requirements?When working on a closing statement, an escrow officer must determine credits/ debits regarding property taxes and prorate accordingly. Property tax proration will be on the state licensing exam, so it's important to know how to properly calculate property tax prorations. (When calculating the answer always use a 360-day year and a 30-day month for the per diem).

Reference no: EM133543622

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Why is respa important : Why is RESPA important? Who does the act protect? What are the requirements?When working on a closing statement

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