Thread Starter: Dan Persfull
Title: Re: Ignoring HUD's 120 day RESPA Restraint?
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I agree with JJ and David.
Note the bulletin said HUD would show restraint. As I read that it simply meant any issues referred to HUD within the first 120 days would have a reprieve unless it was readily apparent that the issues were a blatant disregard of the requirements.
Although HUD said they would ask other agencies to show the same restraint none of the regulatory agencies themselves ever issued such a moratorium that I'm aware of.
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