Groups Favor Harmonized Rulemaking On RESPA, TILA Loan Cost Disclosures
June 19, 2008
While comments were diverse on most provisions of the proposed Real Estate Settlement Procedures Act reform regulations, industry trade groups appear united in asking the Department of Housing and Urban Development to delay action and work with the Federal Reserve to harmonize proposed disclosures under RESPA and the Truth in Lending Act. The clamor for a coordinated rulemaking effort between HUD and...