Real estate brokers should become familiar with these new forms in order to properly advise buyer clients/customers during their loan search process and to assist both seller and buyer clients/customers at closing.
The Real Estate Commission will devote a portion of its 2010-11 continuing education Update course to this topic (available after July 1, 2010), and it is hoped that education providers will offer seminars and perhaps a continuing education elective course on RESPA reform during the spring of 2010.
This article came from the January 2010-Vol40-3 edition of the bulletin.