Opinion: Broker-to-broker referral exemption does not apply to agent-matching platforms
Briefly

from www.housingwire.com5 months ago
RESPA Section 8 and CFPB Regulation X firmly prohibit kickbacks and unearned fees in federally related mortgage loans. Exceptions exist for cooperative brokerage, highlighting necessary referrals to enhance service efficiency.
www.housingwire.comhttps://www.housingwire.com/articles/opinion-broker-to-broker-referral-exemption-does-not-apply-to-agent-matching-platforms/
No one can accept kickbacks or unearned fees in real estate settlement services, but exemptions exist under certain conditions, promoting efficient referrals among real estate professionals without violating consumer protection laws.
www.housingwire.comhttps://www.housingwire.com/articles/opinion-broker-to-broker-referral-exemption-does-not-apply-to-agent-matching-platforms/
Read at www.housingwire.com
#respa #cfpb-regulation-x #kickbacks #law
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