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Home » Store » Taxable » HUD Will Seek Broader RESPA Reform; While Pushing New Regulatory Scheme

HUD Will Seek Broader RESPA Reform; While Pushing New Regulatory Scheme

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The Department of Housing and Urban Development is already looking beyond a pending regulatory proposal to improve the mortgage process to broader revision of the 28-year-old Real Estate Settlement Procedures Act. HUD’s proposed RESPA rule on “improving” the mortgage process has been under review at the Office of Management and Budget since early June, and officials said it is expected to be cleared by
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