|
| TO: |
CHIEF EXECUTIVE OFFICER AND COMPLIANCE OFFICER |
| SUBJECT: |
HUD Seeks Comments on Proposed Revisions to Regulation X
|
The Department of Housing and Urban Development on May 9, 1997,
proposed to modify certain sections of Regulation X, which
implements the Real Estate Settlement Procedures Act. The
proposal is being issued to carry out changes to RESPA adopted by
the Congress on September 30, 1996.
The proposed changes to the Regulation will affect the following
areas:
Comments on the proposed revisions are being accepted through July
8, 1997. Comments should be sent to:
Rules Docket Clerk
Office of General Counsel, Room 10276
Department of Housing and Urban Development
451 Seventh Street, SW
Washington, DC 20410-0500
The following staff members at HUD may be contacted for further
information on the proposed revisions:
David R. Williamson, Director, Office of Consumer and Regulatory Affairs,
Telephone: (202) 708-4560
Kenneth A. Markison, Assistant General Counsel for GSE/RESPA, or
Grant E. Mitchell, Senior Attorney for RESPA, or
Richard S. Bennett, Attorney
Telephone: (202) 708-1550
FDIC staff who may be contacted for further information on the
proposed revisions are:
Ken Baebel, Sr. Review Examiner, Division of Compliance and Consumer Affairs, (202) 942-3086, (E-mail:
JBaebel@FDIC.gov), or
Gladys Cruz Gallagher, Counsel, Regulation and Legislation Section, Legal Division, (202) 898-3833,
(E-mail: GGallagher@FDIC.gov).
|
Carmen J. Sullivan |
|
Director |
Attachment: Federal Register, Vol. 62, No. 90, pp. 25739-25749
Distribution: FDIC-Supervised Banks (Commercial and Savings)
|
