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HUD Announces Posting of FAQs on New RESPA Rule

On August 13, 2009, the U.S. Department of Housing and Urban Development Assistant Secretary for Housing-Federal Housing Commissioner David Stevens today announced the first release of frequently asked questions (FAQs) concerning implementation of the new Real Estate Settlement Procedures Act (RESPA) rule.  The FAQs were compiled from questions received from industry since the publication of the Rule.  For more information, please refer to the announcement here.  The FAQs can be found on the HUD website here.

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