Compiled by members of the firm’s Banking Law practice group Individuals or businesses that refer home-mortgage seekers to mortgage providers should take notice following news of a Consent Order between the Consumer Financial Protection Bureau (CFPB), and a mortgage referrer. Depending on who you are and how you structure the transaction, the CFPB may force [...]

U.S. Supreme Court determines that “RESPA” does not prohibit the collection of unearned settlement fees, but merely prohibits any splitting of said fees.