Austin - Round Rock- San Antonio - RESPA Violation Lawyer

RESPA is a consumer protection statute passed in 1974 to help consumers become better shoppers for settlement services and eliminate kickbacks and referral fees that unnecessarily increase the costs of certain settlement services. RESPA requires that borrowers receive disclosures at various times. Some disclosures spell out the costs associated with the settlement, outline lender servicing and escrow account practices and describe business relationships between settlement service providers.

More about RESPA

RESPA also prohibits a person from giving or accepting anything of value for referrals of settlement service business related to a federally related mortgage loan or requiring home buyers to purchase title insurance from a particular company.

Victims of RESPA violations Borrowers may obtain actual damages, as well as additional damages of up to three times the amount the prohibited practices cost the buyer. Contact O'Hanlon, McCollom & Demerath now for a free consultation about your rights under RESPA and to obtain compensation for unethical practices of certain lenders and other loan servicers.

What We Can Do For You

The truth of the matter is that those involved in a RESPA violation often suffer serious threat to homeownership as a result of the negligent party. The complexity of these cases means that you should consult an experienced attorney to look out for your interests. To protect your legal rights, it is important to contact us as soon as possible after you think your rights may have been violated. Please contact an experienced RESPA attorney at O'Hanlon, McCollom & Demerath for legal advice so we can give you the help you need and get you the compensation that you deserve.