The Fourth Circuit Court of Appeals has dismissed a Maryland couple’s class action lawsuit accusing their broker of receiving unearned fees by referring customers to a title company for settlement in a “sham” marketing agreement.
The couple sought treble damages of more than $11.2 million, alleging the defendants violated RESPA through an illegal kickback scheme.
Read on for reaction from RESPRO President and Executive Director Ken Trepeta and Ballard Spahr attorneys.
TO READ THE FULL STORY
Cover Story: