New real estate lending disclosure rules should be proposed by May and made final in late fall, according to Sarah Rosen, special assistant to the assistant secretary of housing at the Department of Housing and Urban Development.

"We'd all love to have it done faster," said Ms. Rosen, a member of the committee crafting changes to Real Estate Settlement Procedures Act rules. "But we're pleased that the group seems to be progressing well. There seems to be a genuine commitment to getting something done."

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