WASHINGTON, DC – June 4, 2010 – (RealEstateRama) — The U.S. Department of Housing and Urban Development published a notice seeking public comment today on how it might strengthen and clarify the Real Estate Settlement Procedures Act (RESPA)’s prohibition against the “required use” of affiliated settlement service providers. HUD’s Advanced Notice of Proposed Rulemaking is requesting comments from the public that might inform any possible future revision or clarification of this prohibited practice.
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