Comments on: HUD Asks Board to Exercise Restraint in Enforcing New RESPA Requirements http://reversemortgagedaily.com/2009/11/13/hud-asks-board-to-exercise-restraint-in-enforcing-new-respa-requirements/ Reverse Mortgage News and Information Mon, 13 Feb 2012 00:19:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: The_Critic http://reversemortgagedaily.com/2009/11/13/hud-asks-board-to-exercise-restraint-in-enforcing-new-respa-requirements/comment-page-1/#comment-34652 The_Critic Sat, 14 Nov 2009 20:53:56 +0000 http://reversemortgagedaily.com/2009/11/13/hud-asks-board-to-exercise-restraint-in-enforcing-new-respa-requirements/#comment-34652 Since HUD has no authority over states or the courts, that would seem to right. Since HUD has no authority over states or the courts, that would seem to right.

]]> By: ric_oustersi http://reversemortgagedaily.com/2009/11/13/hud-asks-board-to-exercise-restraint-in-enforcing-new-respa-requirements/comment-page-1/#comment-34649 ric_oustersi Fri, 13 Nov 2009 20:31:54 +0000 http://reversemortgagedaily.com/2009/11/13/hud-asks-board-to-exercise-restraint-in-enforcing-new-respa-requirements/#comment-34649 <a href="http://www.respalawyers.com" rel="nofollow">www.respalawyers.com</a> blog says it only covers HUD actions not state actions or lawsuits. http://www.respalawyers.com blog says it only covers HUD actions not state actions or lawsuits.

]]> By: The_Cynic http://reversemortgagedaily.com/2009/11/13/hud-asks-board-to-exercise-restraint-in-enforcing-new-respa-requirements/comment-page-1/#comment-34647 The_Cynic Fri, 13 Nov 2009 19:14:22 +0000 http://reversemortgagedaily.com/2009/11/13/hud-asks-board-to-exercise-restraint-in-enforcing-new-respa-requirements/#comment-34647 Does this announcement cover the actions of the lenders in that 120 day period or the regulators? Generally the regulators will not see what was done in most of the first 120 days of the year by lenders until later in the year. I hope they are referring to lender actions.<br><br>For example, if a lender blows GFE requirements for the first time on April 26th and the department does not review it until June, I hope the less stringent standard is intended to cover situations like that. Does this announcement cover the actions of the lenders in that 120 day period or the regulators? Generally the regulators will not see what was done in most of the first 120 days of the year by lenders until later in the year. I hope they are referring to lender actions.

For example, if a lender blows GFE requirements for the first time on April 26th and the department does not review it until June, I hope the less stringent standard is intended to cover situations like that.

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