You need to subscribe to RESPAnews.com to read the article. But from this blurb we see feedback from an attorney who says his firm has lost business since the RESPA implementation.
Well, I'm from the flip side of that comment. Our office has seen an increase in business from various sources since RESPA 2010 was launched. Why do I think that happened? Well, we embraced the concept early. Our staff was fully trained and prepared so that when lenders weren't sure, we were able to assist them. We see RESPA 2010 as a positive step forward and that attitude makes all the difference.
We hear from our lender friends that some title agencies and attorneys do nothing but grumble and make their already stressful jobs harder. So, cheer up my fellow title agents and attorneys. A smile and a kind "we're in this together and we'll make it work" attitude is a good marketing strategy. ;)
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