HUD Proposes New Interpretive Rule to Govern Home Warranty Company Payments to Real Estate Brokers and Agents

HUD Proposes New Interpretive Rule to Govern Home Warranty Company Payments to Real Estate Brokers and Agents

The U.S. Department of Housing and Urban Development (HUD) published an Interpretative Rule in the June 25, 2010 Federal Register, providing HUD's long-sought views on the circumstances under which home warranty companies (HWCs) may compensate real estate brokers and agents for marketing their products. This Interpretive Rule follows HUD's controversial, non-binding, and informal staff interpretation letter dated February 21, 2008, which raised numerous concerns and questions about HUD's views on marketing agreements  Read More

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