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Home » Store » News » Weicher to Quit HUD Post, Failed RESPA Effort Stains Track Record

Weicher to Quit HUD Post, Failed RESPA Effort Stains Track Record

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The top official who led the Bush administration’s failed initial attempt to simplify the mortgage settlement process and lower consumers’ closing costs is resigning his post with the Department of Housing and Urban Development. John Weicher will be vacating his assistant secretary for housing and FHA commissioner posts next month. He assumed both jobs in June 2001 under then-HUD Secretary Mel Martinez, who is now in the U.S. Senate as a newly elected senator from…
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