September 16, 1997
Fred M. Haden, Esq.
Moshos, Haden, De Deo & Machen, P.C.
10521 Judicial Drive, Suite 201
Fairfax, VA 22030
Dear Mr. Haden:
You ask whether real estate property settlement and title insurance
agency services related to one- to four-family properties are
permissible CUSO services. Yes, these services are permissible
under the categories of "loan processing, servicing, and
sales" and "agency for sale of insurance." 12
C.F.R. �1.27(d)(5)((i and ii). These services would continue
to be permissible under the proposed revision to the CUSO rule.
62 Fed. Reg. 11779 at 11788 (to be codified at 12 C.F.R. �2.5(g
and i)) (proposed March 13, 1997).
Sincerely,
Sheila A. Albin
Associate General Counsel
GC/MSC:sg
SSIC 4660
97-0840
cc: Region II