Lawyers for the Consumer Bankers Association pronounced the embattled Real Estate Settlement Procedures Act single-item analysis escrow method all but dead during the trade group's home equity lending conference in Washington Oct. 18.

HUD is reviewing several Respa provisions, and one HUD source indicated that a decision would be rendered in November. The provision, which the CBA predicts HUD will replace with the aggregate-analysis method, will count for first loans and exclude closed loans. Lenders that rely heavily on their servicing portfolios may find it costly.

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