Guaranteed mortgage packages.Eighty-four percent of real estate agents and 82 percent of broker-owners would have moderate or high interest in recommending Guaranteed Mortgage Packages, or GMPs, to their homebuyer customers, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a recent survey by Campbell Communications, a market research firm which conducts surveys in the mortgage and real estate industries. Only 16 percent of agents and 18 percent of broker-owners would have "No Interest/Low Interest," according to survey responses. Guaranteed Mortgage Packages are part of an overall RESPA RESPA Real Estate Settlement Procedure Act reform rule currently being proposed by the U.S. Department of Housing and Urban Development (HUD Hud (h d), a pre-Qur'anic prophet of Islam. Hud unsuccessfully exhorted his South Arabian people, the Ad, to worship the One God. ). Under the GMP GMP (guanosine monophosphate): see guanine. option, homebuyers would be offered guaranteed mortgage rates and settlement costs that could not vary at closing, except within close tolerances. In return for the consumer guarantee, GMP providers would be offered an exemption to the current RESPA prohibition on volume discounts and referral fees. The survey, sponsored by Inside Mortgage Finance, was conducted in October 2003 and received approximately 1,500 responses from real estate agents and 500 responses from broker-owners, on two separate but parallel survey instruments. For information on the report, contact John Campbell John Campbell is the name of: British political figures
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