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| HUD/OH | RIN: 2502-AI86 | Publication ID: Fall 2010 |
| Title: Proposed Regulation for Homeownership Education, Counseling, and Foreclosure Intervention Standards (FR-5339) | |
| Abstract: HUD's Housing Counseling Program provides, through HUD-approved counseling agencies and State Housing Finance agencies, counseling to individuals seeking information about financing, maintaining, renting, or owning a home. As part of HUDs ongoing efforts to professionalize the Housing Counseling Program, HUD is proposing a rule that would make standards on homeownership education, counseling, and foreclosure intervention mandatory. HUD participated in the development of the National Industry Standards for Homeownership Education and Counseling, which currently are voluntary standards for the industry. The National Industry Standards for Homeownership Education and Counseling offer a minimum basis for providing and evaluating quality homeownership and counseling. Through incorporation by reference, HUD would like to make these standards enforceable and obligatory on an industry-wide basis. | |
| Agency: Department of Housing and Urban Development(HUD) | Priority: Other Significant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 24 CFR 214 | |
| Legal Authority: 12 USC 1701(x) 42 USC 3535(d) | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Federalism: No | |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Ruth Roman Office of Housing Counseling, Office of Housing Department of Housing and Urban Development Office of Housing 451 7th Street SW., Washington, DC 20410-0001 Phone:202 708-0317 |
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