RESPA Compliance and Marketing Services Agreements
Source: CFPB Publishes Bulletin on Respa Compliance and Marketing Services Agreements | Sheppard Mullin Richter & Hampton LLP – JDSupra
With all the fuss about TRID’s effect on selling and financing homes, not much is being said about the CFPB’s continued task and commitment to enforcing RESPA rules and regulations.
Carefully crafted to allow mortgage and other service providers to provide contracted services to mutual clients, the CFPB has detected a thinly veiled attempt to get around RESPA, prompting certain financial institutions to run from the practice with their hair on fire.
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