[Federal Register Volume 68, Number 26 (Friday, February 7, 2003)]
[Proposed Rules]
[Page 6385]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-2973]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

24 CFR Part 3500

[Docket No. FR-4727-N-01]


Real Estate Settlement Procedures Act (RESPA); Rule on 
Simplifying and Improving the Process of Obtaining Mortgages to Reduce 
Settlement Costs to Consumers: Target Publication Date of Final Rule

AGENCY: Office of the Assistant Secretary for Housing-Federal Housing 
Commissioner, HUD.

ACTION: Notice of target publication date of RESPA final rule.

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SUMMARY: On July 29, 2002, HUD published its proposed rule on ``RESPA; 
Simplifying and Improving the Process of Obtaining Mortgages to Reduce 
Settlement Costs to Consumers'' (RESPA rule). This notice advises the 
public of HUD's anticipated publication date for the RESPA final rule.

FOR FURTHER INFORMATION CONTACT: Ivy Jackson, Acting Director, Office 
of RESPA and Interstate Land Sales, Room 9146, U.S. Department of 
Housing and Urban Development, 451 Seventh Street, SW., Washington, DC 
20410; telephone (202) 708-0502 (this is not a toll-free number) or for 
legal questions Kenneth A. Markison, Assistant General Counsel for GSE/
RESPA, or Steven J. Sacks or Teresa L. Baker (Senior RESPA Attorneys); 
Room 9262, telephone (202) 708-3137. Persons with hearing or speech 
impairments may access this number via TTY by calling the toll-free 
Federal Information Relay Service at (800) 877-8339. The address for 
the above listed persons is: Department of Housing and Urban 
Development, 451 Seventh Street, SW., Washington, DC 20410.

SUPPLEMENTARY INFORMATION: On December 9, 2002, over 60 Federal 
departments, agencies and commissions (collectively, Federal agencies) 
published, in the Federal Register, their respective agendas of 
regulations and regulatory plans. This compilation, referred to as the 
Unified Agenda, is published semiannually under the coordination of the 
Office of Management and Budget. The Unified Agenda provides for 
uniform reporting by Federal agencies of regulatory and deregulatory 
actions that are under development and expected to be issued within the 
next six to 12 months. In the fall, each Federal agency's semiannual 
agenda of regulations is accompanied by the agency's regulatory plan. 
The regulatory plan contains the Federal agency's most important 
significant regulatory actions that the agency expects to issue in the 
new fiscal year. Both documents provide the agencies' estimates of 
publication dates for their proposed and final rules. HUD's fall 
semiannual agenda of regulations and regulatory plan can be found in 
the December 9, 2002, Federal Register at 67 FR 74550 and 67 FR 74140, 
respectively.
    HUD's regulatory plan advised that HUD's RESPA final rule would be 
published in January 2003. (See 67 FR 74147). This date is incorrect. 
HUD anticipates that its RESPA final rule will be published in the 
spring of 2003.

    Dated: January 30, 2003.
John C. Weicher,
Assistant Secretary for Housing-Federal Housing Commissioner.
[FR Doc. 03-2973 Filed 2-6-03; 8:45 am]
BILLING CODE 4210-27-P