HUD Seeks Comment on Withdrawal of ‘Required Use,’ Considers New Proposal for Controversial Provision
March 12, 2009
The Department of Housing and Urban Development is seeking public comment on withdrawing the revised definition of “required use,” which the department promulgated last year as part of a final rule under the Real Estate Settlement Procedures Act, so it can start on a new rulemaking. In a final rule published in the Federal Register this week, HUD further announced that it is...