Answer:
Yes. Even if they refer a mortgage loan subject to RESPA, there is an exception to the normal prohibition against paying referral fees in section 3500.14(g)(1)(vii).
First published on BankersOnline.com 8/02/04
Paying for Loan Referrals
Answered by:
Question:
Can we pay tellers for loan referrals on our own in-house loans?
print
share