Defense Finds Clarification a ‘Mixed Bag’ for Industry
November 5, 2001
The Department of Housing and Urban Development’s recent clarification of its broker compensation policy has elicited a predictable reaction from consumer groups and a somewhat unexpected opinion from the defense bar. In a post-analysis of HUD’s Oct. 15 announcement, defense lawyers now say that the 2001 policy statement is "something of a mixed bag" for the industry.