Lenders and title agents increasingly are working together to manage services they offer to consumers.
Meanwhile, lenders have been under more regulatory scrutiny to watch over their third-party vendors.
RESPA News spoke with attorney/shareholder Brian Nettleingham of Maddin, Hauser, Roth & Heller, P.C. about the different factors financial institutions must consider when negotiating vendor management agreements from both business and regulatory perspectives.
Read on for more details from Nettleingham.
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