Just in time for the holidays, the Consumer Financial Protection Bureau (CFPB) recently released a set of Frequently Asked Questions (FAQs) about gifts and promotional activities under RESPA.
The FAQs asked under what conditions are gifts and promotions “normal promotional and educational activities,” and provided specific scenarios of activities that meet the conditions in Regulation X and those that would draw the ire of regulators.
Read on for more from the CFPB’s FAQs.
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