Answer:
RESPA prohibits the payment for referrals. Refer to 24 CFR 3500.14.
You will definitely want to read this short memo from the FDIC (11/99), and this HUD guidance from 3/99.
First published on BankersOnline.com 11/05/07
RESPA prohibits the payment for referrals. Refer to 24 CFR 3500.14.
You will definitely want to read this short memo from the FDIC (11/99), and this HUD guidance from 3/99.
First published on BankersOnline.com 11/05/07