Federal law that, among other things, requires lenders to provide “good faith” estimates of settlement costs and make other disclosures regarding the mortgage loan. RESPA also limits the amount of funds held in escrow for real estate taxes and insurance. Source: OCC
State Law
means the act set forth in 12 U Idaho Code 26-31-102
means the real estate settlement procedures act of 1974, as amended, 12 U Idaho Code 54-2004