Office of the Assistant Secretary for HousingFederal Housing Commissioner; Real Estate Settlement Procedures Act; Streamlining Final Rule

This final rule amends HUD's regulations under the Real Estate Settlement Procedures Act (RESPA). In an effort to comply with the President's regulatory reform initiatives, this rule streamlines the RESPA regulations by eliminating provisions that repeat statutes or are otherwise unnecessary. A number of the appendices that were intended to be illustrative, rather than regulatory, have been removed from codification, but will be made available by the Department as Public Guidance Documents. Therefore, this final rule makes the RESPA regulations clearer and more concise.