FTL and RESPA essentially say the same things.

Name: FTL and RESPA essentially say the same things.
Brand: Quizplus
Rating: 5.0 (49 reviews)

Question

Quizplus · Accepted Answer

FTL and RESPA are both federal laws that protect consumers in real estate transactions. FTL stands for the Fair and Accurate Credit Transactions Act, and RESPA stands for the Real Estate Settlement Procedures Act. Both laws require lenders to provide consumers with certain disclosures about the terms of their loans, and both laws prohibit lenders from engaging in certain unfair or deceptive practices.

FTL and RESPA Essentially Say the Same Things