Groups Reiterate Call for RESPA Rule Withdrawal and Joint Rulemaking as Implementation Nears for Some Rules
July 9, 2009
The mortgage industry appears to be in a compliance jam, with the clock winding down fast on the implementation of new Truth in Lending Act disclosures and the continued refusal by federal housing regulators to withdraw the Real Estate Settlement Procedures Act final rule taking effect on Jan. 1. Ten mortgage trade associations have asked the government to consider withdrawing final...