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Home » Store » News » HUD Sticks by 2008 RESPA Regulation But Agrees to Go Back to the Drawing Board on ‘Required Use’ Provisions

HUD Sticks by 2008 RESPA Regulation But Agrees to Go Back to the Drawing Board on ‘Required Use’ Provisions

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The Department of Housing and Urban Development this week announced that it will withdraw the new definition of “required use” from its recent Real Estate Settlement Procedures Act rule, but the agency resisted calls to withdraw the new regulation completely in favor of a joint project with the Federal Reserve. The “required use” provisions in the RESPA regulation developed...
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