BrokerageIndustry News

Bankers to new HUD chief: Axe RESPA changes

Industry remains opposed to new disclosures, settlement procedures
Published on Feb 13, 2009

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by CareyBot

Eight groups representing the banking and financial services industry are asking newly-appointed Housing Secretary Shaun Donovan to scrap the Bush administration's changes to rules governing loan disclosures and the provision of settlement services like title insurance.