In an effort to summarize the highlights of the U.S. Department
of Housing and Urban Development (HUD) LEAN E-mail Blasts that we
receive, and rarely have time to review in a timely fashion, we at
Pepper are providing this quick synopsis of the latest LEAN update.
Our aim is to provide pertinent information succinctly as a roadmap
to the LEAN E-mail Blasts, not to replace the LEAN E-mail Blasts.
We hope you find these summaries helpful. A link to the complete April 29, 2013 LEAN E-Mail
Blast is available here.
Implementation of New Section 232 Documents Delayed
Until July
On March 14, 2013, HUD published a notice regarding the
new/revised Section 232 documents (FR–5623–N–03). The revised
Section 232 Healthcare documents are available here. The Notice
made 47 of the 115 documents effective for transactions for which a
firm commitment was issued on or after April 9, 2013 (which was the
date many of the new Rule requirements became effective). After the
industry rose