RESPA Roundup-Not a Changed Circumstance

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Not a Changed Circumstance.

The FRB’s compensation rule will go into effect on April 1, 2011 and absent other factors cannot be considered a basis for a changed circumstance to revise the GFE pursuant to 24 C.F.R. §3500.7(f).

This can be found in that March 2011 RESPA Roundup, found here:  http://www.hud.gov/offices/hsg/rmra/res/mlocomplrodup31811v2.pdf

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