ALTA® Seeks Comments on Proposed RESPA Changes
March 18, 2008
Last week, HUD released its new RESPA proposal. The proposed rule would create a standard GFE, apply cost tolerances, and require settlement agents to draft, read and provide a "closing script" to consumers. ALTA is seeking your reaction to the rule and comments as we develop our response to the rule.
- Click here to read the proposed rule.
- Click here to read ALTA's initial press release
- Click here to read HUD's economic analysis.
We have created a special email address for you to send your comments to: respacomments@alta.org.
Contact ALTA at 202-296-3671 or communications@alta.org.