HUD to Explain RESPA Plans at Upcoming Audio Conference

The Department of Housing and Urban Development’s plans to overhaul its RESPA regulations is the focus of a major audio conference to be held by Inside Mortgage Finance next Wednesday, April 23, at 3 pm EDT.

HUD Deputy Assistant Secretary for Regulatory Affairs Gary M. Cunningham will review and explain the agency’s strategy for revamping the Good Faith Estimate and the HUD-1 Settlement Statement, as well as proposing a new closing script. RESPA legal experts Jay Varon from Foley & Lardner LLP and Phil Schulman from K&L Gates LLP will discuss the real estate and mortgage industry’s concerns with the proposed RESPA changes.

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