Real Estate Settlement Procedures Act (RESPA)

Conflicts of interest facing appraisers and mortgage lenders

by Carrie B. Reyes | Nov 24, 2023 | Appraisal, Finance, Real Estate, Video | 0

An appraiser must not have a direct or indirect interest, financial, personal or otherwise, in the property they have been retained to prepare an appraisal.

Referral Fees Between Brokerages

by ft Editorial Staff | Jun 24, 2021 | Feature Articles, Real Estate, Video | 0

Compensation for a referral by or between brokers permitted under the Real Estate Settlement Procedures Act (RESPA)

RESPA Controls Indirect Kickbacks

by ft Editorial Staff | Jun 17, 2021 | Feature Articles, Real Estate, Video | 0

Prohibited indirect kickbacks provided by third-party service providers in exchange for referrals from brokers or agents

Kickbacks as a RESPA Violation

by ft Editorial Staff | Jun 10, 2021 | Feature Articles, Real Estate, Video | 0

Real Estate Settlement Procedures Act (RESPA) penalties for improper kickbacks

RESPA Disclosures

by ft Editorial Staff | Jul 13, 2020 | Feature Articles, Real Estate, Video | 0

Mortgage-related charges to be disclosed under the Real Estate Settlement Procedures Act (RESPA)

Fee Sharing by a Broker Under RESPA

by ft Editorial Staff | Jul 30, 2019 | Real Estate, Video | 0

Acceptance of referral fess under the Real Estate Settlement Procedures Act (RESPA)

Referring title insurance companies: lawful and unlawful practices

by ft Editorial Staff | May 27, 2019 | Buyers and Sellers, Feature Articles, Your Practice | 1

We clarify the line between lawful and unlawful referral behavior.

The votes are in: Undisclosed referral fees are unlawful kickbacks

by Benjamin J. Smith | Dec 4, 2018 | Reader Polls, Real Estate, Your Practice | 0

Our readers consistently agree undisclosed fees paid to brokers and agents for referring clients...

Winter 2016/17 CalBRE Real Estate Bulletin Digest

by Giang Hoang-Burdette | Feb 14, 2017 | Feature Articles, Finance, Real Estate | 0

The Winter 2016/17 California Bureau of Real Estate (CalBRE) digest weighs in on RESPA and California anti-kickback laws.

Top 10 reasons investors reject TRID mortgages

by Sarah Kolvas | Jun 13, 2016 | Finance, Laws and Regulations, Real Estate | 1

The most common reasons investors refuse to buy mortgages in the secondary mortgage market are highlighted in this list published by the authoring attorney of TRID rules.

CFPB crackdown: Marketing Services Agreements (MSAs) with brokers

by Amy Thomas | Dec 28, 2015 | Fundamentals, Laws and Regulations, Real Estate, Your Practice | 1

Real estate professionals continue to violate RESPA’s prohibitions against kickbacks. This time, they’re using marketing services agreements.

New integrated loan disclosure rule delayed

by Carrie B. Reyes | Jun 19, 2015 | Finance | 0

The CFPB has proposed to pushback the implementation date for the new loan disclosure forms to October 1, 2015.

The Uniform Residential Loan Application and post-submission activities

by ft Editorial Staff | Oct 27, 2014 | Appraisal, Feature Articles, Loan Products, Real Estate | 1

Understand the components of the Uniform Residential Loan Application and guide your buyer through the closing process.

Don’t get caught with a kickback

by Jeffery Marino | Nov 6, 2013 | Real Estate | 0

The Consumer Financial Protection Bureau (CFPB) took over Real Estate Settlement Procedures Act (RESPA) enforcement in July of 2011. And they’re taking this responsibility very seriously.

Get to know the CFPB

by Sarah Cantino | Oct 7, 2013 | Feature Articles, Real Estate | 1

The CFPB’s powers and possibilities compel real estate brokerages to practice ethically.

Mortgage smarts: your buyer is not a lamb!

by Nicole Jessen | Aug 16, 2013 | Feature Articles, Real Estate | 1

Even if homebuyers diligently practice safe spending prior to closing, they are still susceptible to last minute surprises due to permissible but deceptive lender behavior.

first tuesday case in point: RESPA “no-new-service, no-second-fee” rule applies only to fee splitting

by Sarah Cantino | Jul 5, 2012 | Feature Articles, Laws and Regulations, Real Estate, Recent Case Decisions | 0

This case in point discusses RESPA’s application to fee-splitting and unearned fees, as viewed...

RESPA riddles for mortgage loan brokers

by ft Editorial Staff | Mar 2, 2012 | Feature Articles, Real Estate | 1

This article distinguishes a mortgage loan controlled by the Real Estate Settlement and Procedures Act (RESPA) from a non-consumer loan exempt from RESPA protection, and helps mortgage loan brokers (MLBs) arranging loans secured by a single family residence (SFR) identify which loans qualify for RESPA.

RESPA inapplicable to loans funding buy-to-let SFR acquisitions

by ft Editorial Staff | Jan 29, 2012 | Real Estate, Recent Case Decisions | 0

A real estate investor obtained a federally-related adjustable rate mortgage (ARM) loan from a lender to fund the purchase and refurbishment of a single-family residence (SFR) to rent or sell, not to occupy as a principal...