No Extensions for RESPA Rule, Implementation as Scheduled
August 31, 2009
The Department of Housing and Urban Development last week said it is committed to implementing new disclosure requirements under the Real Estate Settlement Procedures Act as scheduled and has no intention to delay the new rule. In a statement issued to Inside Regulatory Strategies, HUD Assistant Housing Secretary and FHA Commissioner David Stevens indicated that nothing from his recent...
The new FHFA director’s whirlwind first week resulted in widespread staffing cuts at the regulator and a dramatic change in leadership at the GSEs. So far, criticism has been muted.
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