RESPA'S Required Use Rule Delayed
The U.S. Department of Housing and Urban Development (HUD) today announced that it will once again delay the implementation date of the proposed changes in RESPA's new required use definition by 3 months, from April 16th until July 16th, and that HUD intends to seek further public comment on required use practices to determine whether HUD's proposed rule changes are necessary, or whether HUD should withdraw its new required use definition altogether.
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