Industry News

HUD won’t withdraw proposed RESPA rule changes

Congress, Bush administration in showdown over plan
Published on Aug 20, 2008

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by CareyBot

The Department of Housing and Urban Development says it's willing to modify, but not withdraw, a proposal to overhaul loan disclosure forms and revamp rules governing the provision of settlement services -- resisting calls by industry groups and a majority of members of the House of Representatives to scuttle the plan.

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