HUD is giving lenders, Realtors and brokers two more weeks to express their conc erns over the departments proposed Respa rule on computerized loan originations. Originally pu blished in the Federal Register July 21, the proposals comment deadline was Sept. 20; the new d eadline is Sept. 30. The proposed rule addresses referral payments, computer loan origination ser vices and controlled business disclosure requirements. HUD also announced the availability of a demonstration electronic conference, or billboard system, with on-line communication capabilities. The conferencing program began Aug. 19 and will run through Sept. 30. HUD said it plans to use the demonstration as a trial for supplementing its FHAnet with a subject-specific network called CLOnet. Both conferences, or b illboards, are designed to provide an interactive method for the public to meet and discuss rel evant issues. For details on this program, call Fred Dow, director of HUDs office automation staff at (202) 708-4585.
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