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HUD also proposes to make the Good Faith Estimate of closing costs firmer by significantly limiting or prohibiting how much the costs could rise at closing.
"We are seeing mild improvement in all four regions, indicating that employment levels for this sector may be stabilizing.
" Foster Group President Mark Stadtlander said: "Investors have to stick to their guns when it comes to the long-term performance of the market.
The Subcommittee is considering revisions being proposed by the Department of Housing and Urban Development to RESPA, which governs settlement fees paid by homebuyers.
Two older, smaller stores were closed during the year.
"While we are proponents of simplifying the mortgage loan process, and giving the consumer more choices and better access to information, we have serious concerns with the proposed rule. 3 percent of Americans now own homes.