In 1974, Congress enacted what law to provide consumers who purchase a home with greater and more timely information on the nature and costs of the settlement process?

A) RESPA
B) CPSC
C) OSHA
D) FCCPA

Question

Chloe Beth Brown · Accepted Answer

Final Answer : A, Explanation :  In 1974, Congress enacted the Real Estate Settlement Procedures Act (RESPA) to ensure that consumers are provided with more detailed information about the costs associated with the mortgage and real estate settlement process when purchasing a home.

In 1974, Congress enacted what law to provide consumers who purchase a home with greater and more timely information on the nature and costs of the settlement process?

A) RESPA
B) CPSC
C) OSHA
D) FCCPA

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Learning Objectives

Related questions

In 1974, Congress enacted what law to provide consumers who purchase a home with greater and more timely information on the nature and costs of the settlement process?A) RESPAB) CPSCC) OSHAD) FCCPA

Definitions

Learning Objectives

Learning Objectives

Related questions

In 1974, Congress enacted what law to provide consumers who purchase a home with greater and more timely information on the nature and costs of the settlement process?

A) RESPA
B) CPSC
C) OSHA
D) FCCPA