Trade Groups Launch Lobbying Blitz to Get HUD and The Fed to Harmonize Emerging Disclosure Changes
July 3, 2008
The mortgage industry is doing all it can to get the Department of Housing and Urban Development to delay its solo rulemaking effort and work instead with the Federal Reserve to harmonize disclosures under the Real Estate Settlement Procedures Act and the Truth in Lending Act. Industry participants say they are refocusing their lobbying efforts as HUD continues to ignore calls...