February 4, 2012 | Updated 10:39am

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Friday, November 6, 2009

‘A New World’

HUD Tells Bankers, Lenders: No Delay To RESPA Reform

Industry Scrambles To Meet Jan. 1 Deadline


By Ian B. Murphy

Commercial Record Staff Writer

The U.S. Department of Housing and Urban Development (HUD) is going forward with its updates to the Real Estate Settlement Procedures Act (RESPA), despite concerns from industry leaders who do not believe the system can handle the wide-sweeping changes by Jan. 1.


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