Federal Judge Rules HUD's Ten-part Sham AfBA Test Unconstitutional

July 8, 2010

A judge for the U.S. District Court for the Northern District of Ohio recently ruled that HUD's Ten-part test used to determine whether an affiliated business arrangement (AfBA) is a sham under RESPA or whether it constitutes a bona fide provider of settlement services.

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SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.