HUD’s Draft RESPA Rule Proposes Miranda-like Warning at Closing
November 26, 2007
Settlement agents may be required to read a Miranda-like disclosure at closing under a new rule proposed by the Bush administration to make sure borrowers understand key loan terms before agreeing to them. Mortgage industry trade groups are also preparing to unveil...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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