Crucial housing issues headed for hearings

Two Congressional hearings are scheduled Tuesday on issues that could have a big impact housing markets: a proposal to overhaul rules governing settlement procedures, and legislation that would allow the continued use of seller-funded down payment assistance on FHA-backed loans.

RESPA changes

Real estate industry trade groups are all but unanimous in their opposition to the Department of Housing and Urban Development's proposed changes to the Real Estate Settlement Procedures Act, or RESPA.

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.