OCC ADVISORY LETTER
Subject: Real Estate Settlement Procedures Act
	 (RESPA) Qs & As on the HUD-1 Settlement Statement
Date: June 1, 2000


TO:  Chief Executive Officers of All National Banks, 
Department and Division Heads, and All Examining Personnel

Attached is a series of questions and answers (Qs & As) 
prepared by the Department of Housing and Urban Development 
Office of General Counsel.  The Qs & As were prepared in 
response to questions received from the Massachusetts 
Bankers Association relating to the HUD-1 settlement 
statement. These Qs & As are attached to assist you in 
complying with the relevant provisions in Regulation X 
(24 CFR 3500) governing the completion of the HUD-1 
settlement statement.

Questions concerning this advisory should be directed to 
your supervisory office, the Community and Consumer 
Policy Division at (202) 874-4428, or the Division of 
Community and Consumer Law at (202) 874-5750.




                                             
Ralph E. Sharpe
Deputy Comptroller for Community
 and Consumer Policy 



Attachment - HUD's Response to Questions from the 
	     Massachusetts Bankers Association