Brian Levy has a message for settlement service providers who remain under the impression that the PHH decision means the Consumer Financial Protection Bureau (CFPB) is less interested in RESPA enforcement when it comes to payments to referral sources.
“If your partners are not interested in RESPA compliance, you should probably find new partners,” Levy warned.
Levy, of counsel at Katten Temple, was speaking in Nashville at the RESPRO/25 session titled, “So after the PHH decision on RESPA does anything go? Not so fast!” Read on for more from the session.
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