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Home » Store » News » MBA Seeks Reproposal of HUD RESPA Rule

MBA Seeks Reproposal of HUD RESPA Rule

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The Bush administration’s plan to reform the mortgage and settlement service process is in danger of being derailed after the Mortgage Bankers Association of America last week withdrew its support for a draft final rule and called for a new proposal. The MBA’s decision sent shock waves across the industry, which has been waiting for almost two years for HUD to issue the rule that would provide tougher consumer protections and establish a unique
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