Industry News

HUD seeks more feedback on RESPA reform

Agency schedules another meeting with consumers, industry pros

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A new roundtable discussion on rules regulating how U.S. consumers buy and refinance homes has been added to the roster of such meetings held this summer by the U.S. Office of Housing and Urban Development. The event is the seventh in a series HUD is presenting to get input from consumers and industry professionals on how to improve the mortgage settlement process. Attendees will include representatives from HUD and SBA and invited representatives from small- to medium-sized businesses. "The Department has been approached by a number of organizations that were notinvited to previous roundtables and hoped to contribute to the dialogue. So, in a spirit of openness, HUD is planning one more roundtable here in Washington on Thursday, August 25th," HUD Spokesman Brian Sullivan said today. "In order to provide the sort of balanced and diverse representation we've had at previous sessions, we're also asking some consumer and industry representatives to attend though they may have attende...