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Ruben Hinojosa

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House Majority Urges Withdrawal of RESPA Proposal HW+

Aug 12, 2008By

A hotly-contested move by the U.S. Department of Housing and Urban Development to introduce a number of reforms to the Real Estate Settlement and Procedures Act came under fire this week from more than 240 lawmakers in the House of Representatives. House members signed a letter circulated by Reps. Ruben Hinojosa (D-TX) and Judy Biggert (R-IL) that says HUD’s RESPA reform proposal fails to improve and simplify disclosures of mortgage terms and settlement costs.

3d rendering of a row of luxury townhouses along a street

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