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RESPA, enacted by Congress in 1974, is a federal consumer disclosure designed to inform consumers of their settlement costs and to prohibit certain practices, such as referral fees between settlement service providers, that result in higher costs to consumers. The RESPA was recently amended, with...
Possible Mortgage Fraud Red Flags The Latest from the mortgage industry - help our homeowner's and business owners avoid the scam artists! Some of their tactics are listed below. 1. The business guarantees it can stop a foreclosure regardless of the borrower's actual circumstances. 2. The busi...
The director of the Arkansas Economic Development commision reports that 122 business operations in Arkansas are owned by international companies, employing roughly 33,700 Arkansans. Fifty-four of those companies are based in Europe.
The Arkansas State Police data show "electronic communication devices" were a cause of distraction in 1,336 wrecks from 2007-2008. Imagine what that last year was! Arkansas drivers can no longer legally text or send em-mails from their handheld devices while driving. The new law passed in the ...