NEWSFLASH - Legislative Update - House Passes HR 1728

Submitted by mschuster on Thu, 05/07/2009 - 5:23pm
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By a vote of 300-144, the US House of Representatives passed the Mortgage Reform and Anti-Predatory Lending Act, including an amendment that would delay implementation of the new RESPA rule.  Is the new RESPA regulation DOA?  Don't count it out just yet.  The senate still must introduce and pass similar legislation.  We've got our ear to the ground and will keep you up to date and informed.  Here's a look at the results of the vote.