OMB Annual Draft Report for Comment on the Costs and Benefits of Government Regulations.

Draft 2011 report for public comment is on the OMB website HERE; earlier reports are listed HERE. Look for publication in the Federal Register tomorrow, with expected comment deadline of May 16, 2011.

2011 report says:

The estimated annual benefits of major Federal regulations reviewed by OMB from October 1, 2000, to September 30, 2010, for which agencies estimated and monetized both benefits and costs, are in the aggregate between $136 billion and $651 billion, while the estimated annual costs are in the aggregate between $44 billion and $62 billion

Page 108 shows that HUD had ONE rule included in the total above, a Real Estate Settlement Procedures Act (RESPA) regulation, with benefits of $2.303 billion and costs of $884 million.

Originally created and posted on the Oregon Housing Blog.