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Home » HUD RESPA Plan Could Improve Pricing, But Lenders Say Proposal Could be Better
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HUD RESPA Plan Could Improve Pricing, But Lenders Say Proposal Could be Better

July 3, 2008
Mortgage industry experts have offered mixed reviews of the Bush administration’s proposals to clarify the legal status of average cost pricing for settlement services arranged by lenders. The Department of Housing and Urban Development in March unveiled a controversial proposal to make sweeping changes to its regulation implementing the Real Estate Settlement Procedures Act. Although...
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