HUD Vows to Finalize RESPA Rule Before President Bush Leaves Office
June 12, 2008
The Department of Housing and Urban Development vowed to finish its task of streamlining its Real Estate Settlement Procedures Act rules “before the end of the [Bush] administration,” although a White House directive to all agencies states that all regulations must be finalized by Nov. 1. In remarks launching National Homeownership Month this week, FHA Commissioner...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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