Saturday, October 13, 2007

in an odd turn of events

I understand the PLTA instructors in Pittsburgh last Monday informed the class that TIRBOP regulations require the imposition of a title commitment cancellation fee.

I am overjoyed.

I also understand that the instructors raised the issue that giving free title commitments to lenders in exchange for referrals is a likely RESPA violation.

Thank you, PLTA instructors, for having the guts to have this truth discussed openly and for the benefit of your membership.

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