A group of Maryland homeowners who accused their mortgage company’s branch managers, loan officers and agents of accepting illegal kickbacks in exchange for referrals to a specific title company have agreed to start settlement discussions with the lender.
A judge dismissed the case last year after the mortgage company argued its payments to the title company fall within RESPA Section 8(a)’s safe harbor provision. However, the plaintiffs were later granted a motion for reconsideration. Read on for the latest in the case.
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