Hud redraws its roadmap to RESPA reform.(Business Alert)(Real Estate Settlement Procedures Act)(United States. Department of Housing and Urban Development)

From: Mortgage Banking | Date: August 1, 2005| Author: Wisniowski, Charles | Copyright information

FORGET EVERYTHING YOU THOUGHT YOU knew about HUD's efforts to reform the Real Estate Settlement Procedures Act (RESPA). HUD said it has gone back to the drawing board to draft a new "roadmap" to RESPA reform.

Throughout July and August, the department has planned six roundtable discussions with the public and industry leaders--three in Washington and the other three in Chicago, Los Angeles and Fort Worth, Texas--as HUD takes a new tact in its three-year effort to amend R...

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