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Home Compliance and Risk

HUD Seeks Industry Feedback on Regulatory Burden

May 12, 2017
Reading Time: 1 min read

Implementing the president’s executive orders on regulatory reform, the Department of Housing and Urban Development is seeking public and industry feedback on HUD regulations that may be outdated, ineffective or unnecessarily burdensome. Comments are due by June 14.

In identifying regulations that should be repealed, replaced or modified, commenters are asked to describe in what ways they eliminate jobs or inhibit job creation, are outdated, impose costs exceeding their benefits or are inconsistent with regulatory reform priorities or other existing rules. HUD also sought feedback on any of its regulations that have been overtaken by technological developments and requested information for commenters on their total compliance costs for HUD regulations.

Tags: Core principles for regulating the US financial systemRegulatory burden
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