By: dmc-admin//July 9, 2001//
“Doubtless RESPA is a broad statute, directed against many things that increase the cost of real estate transactions…. But the objective of a statute is not a warrant to disregard the terms of the statute. Congress always has some objective in view when it legislates, and it is always possible to move a little farther in the direction of that objective. The fact that Congress has pointed in a particular direction does not authorize a court to march in that direction without limit.
“Absent a formal commitment by HUD to an opposing position, we decline to overrule our established RESPA sec. 8(b) case law.”
Affirmed.
Appeal from the United States District Court for the Northern District of Illinois, Zagel, J., Bauer, J.