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ashdown1967
Posts: 73
Registered: ‎06-26-2012
IT IS ILLEGAL TO CHARGE THE BORROWER FOR A RAPID RESCORE

I was reading an article online today and it says that it is illegal to charge a borrower for a rapid rescore. According to (RESPA ACT) Real Estate Settlement Procedure Act.

Hud defines this service a service that generates an unearned fee.