Apr 13, 2009· Comment Submitted by Robert Davis, American Bankers Association· HUD-2009-0010-0387
The American Bankers Association appreciates this opportunity to comment on the Department of Housing and Urban Development's ("HUD") proposed rule to amend the definition of "required use" under the Real Estate Settlement Procedures Act regulations ("Reg. X"). These comments are submitted pursuant to the March 10, 2009 solicitation for additional public input on whether HUD should withdraw the revised definition from the November 17, 2008 final (but not yet effective) rule. See 74 FR 10172.