Amendments to Regulation X, the Real Estate Settlement Procedures Act: Withdrawal of Employer-Employee and Computer Loan Origination Systems (CLOs) Exemptions; Notice of Time Schedule for Establishing Effective Date of Rule
HUD · hud-other · Published 1996-11-04 · 61 FR 56624
Document
Document number
96-28331
Federal Register citation
61 FR 56624
CFR reference
24 CFR 3500
Type
Rule
Action
Notice of time schedule for establishing effective date of rule.
Category
hud-other
Agency
US Department of Housing and Urban Development
Publication date
1996-11-04
Docket
Docket No. FR-3638-F-08
Abstract
The Department published a notice on October 4, 1996, delaying until further notice the effective date of a final rule revising Regulation X, which implements the Real Estate Settlement Procedures Act of 1974 (RESPA), in light of recent legislation. The final rule was initially published on June 7, 1996, and it was corrected and revised on August 12, 1996. The October 4 notice announced that within 30 days, the Department would provide further notice of a time schedule for making effective the various provisions of the June 7, 1996 rule. Today's notice provides that time schedule.