Join us on LinkedIn Follow us on Twitter Like us on Facebook Follow us on Instagram
 
  OCTOBER RESEARCH STORE Already a subscriber? LOG IN
AddControlToContainer_DynamicNavigation5

Evolving Realtor Relationships Webinar


Complimentary Webinar

Original Air Date: October 20, 2021

The real estate transaction is always evolving. Those who adapt will earn more business from their current network and grow. Two enthusiastic experts share their experience meeting new consumer demands successfully and what their expectations for the future of the real estate transactions.

Watch now to learn more about:

  • The future of the real estate agent in the transaction
  • How consumer behavior and expectations are changing
  • The trend of real estate agent specialization
  • Changes to workflow and processes
  • How to communicate NPI and stay cybersafe
  • And much more...

Thanks to Qualia for sponsoring this complimentary webinar.

 

Please provide the following
information to watch the webinar:

*
*
*
*
*

Get free news updates from:

The Title ReportGet the latest from the nation’s only independent trade publication for the title and settlement services industry, educating and empowering professionals with competitive strategies to help grow your business.

The Legal DescriptionFeaturing national case law reporting and compliance coverage specifically for professionals in the title and settlement services industry, to help keep you informed and compliant.

RESPA NewsThe nation’s only publication dedicated to RESPA compliance to help keep you informed in an ever-changing regulatory landscape.

Dodd Frank UpdateThe hub for mortgage lenders and financial services professionals, providing legal and regulatory compliance with the Dodd-Frank Act to ensure your compliance in the marketplace.

Valuation ReviewThe source of knowledge and market intelligence for the appraisal and valuation industries, helping professionals stay informed and grow their business.

NS3 AnnouncementsStay up to date with all the lastest details on the industry's premier professional development and networking event.
Featured Instructors Moderator

Jim O'Donnell
CEO
Equity National Title

Jim's been at the helm for over 20 years. He graduated with a B.A. in English from Rhode Island College and went on to law school at Suffolk University. Before coming on board at Equity, he worked in customer service and sales capacities and spent 8 years in politics and city government.

As president, there are three areas of focus for Jim: business development, risk management and employee engagement. Since there's a terrific leader in charge of running day-to-day operations, Jim is free to be creative and build. He's spent a lot of time with our recently expanded sales team as well as our customers, sharing solutions we've built or creating new ones together. He balances those efforts with staying in tune with compliance and regulatory trends and issues and ensuring our compliance management systems stay ahead of the curve. The most important aspect of Jim's day is investing in our people and their development. The result is a unique culture of engaged employees who truly care for and connect with customers.

Jim sees himself as a servant leader who enriches the lives of those with whom he interacts, and he enhances the work in which he's involved. He loves to solve vexing problems in collaboration with others, and in particular, with customers. Jim enjoys coming alongside smart and creative people who bring different perspectives and ideas from other industries to help stir the imagination and collaboratively solve perplexing issues.

 

Veronica Figueroa
CEO
The Figueroa Team, Brokered by eXp Realty

Veronica Figueroa is known for her vivacious personality. Veronica is the former Broker-Owner of RE/MAX Innovation in Orlando. RE/MAX Hall of Fame and Diamond Recipient. She is the Team Lead of The Figueroa Team, a nationally recognized team serving Central Florida. Her contributions to the industry have led her to become a thought leader on motivation as well for her passion for teams and real estate innovation. Veronica regularly engages with other team leads to share her unique techniques that fuel her team’s success. She sits on Zillow's Advisory Board. Veronica has been named an Inman Influencer. In 2017 The Figueroa Team won Most Innovative Team of the Year by Inman. Veronica is Zillow’s Broker Partner for Zillow Offers. The Figueroa Team is on track to sell over 175 million in 2020 in sales volume (700+ units). The Figueroa Team moves over a 17 roster team from RE/MAX to now a 60+ team since joining eXp Realty in June 2019. Today, Veronica is proud to be aligned with over 1000+ partners at eXp Realty and growing.

Veronica’s true passion is to inspire and help others with directional wisdom to follow their dreams. She will inspire you to take action. She will inspire you to become the leader you were always meant to be!

 

Jamie Kump

Jamie Kump
Director of High Growth Accounts
Qualia

Jamie Kump is the Director of High Growth Accounts at Qualia, where she is a strategic partner for technology enabled real estate companies looking for ways to bridge the gaps between their title, escrow, and mortgage operations. Jamie leverages her years of industry experience by helping these companies vertically integrate their real estate operations while elevating the consumer experience. Prior to Qualia, Jamie held roles at QuinStreet and Apio. Jamie graduated cum laude from California Polytechnic State University.

 
 

Monthly Newsletter

RESPA News Monthly
May 2025

Cover Story:

CFPB asks to vacate settlement with Townstone, citing misconduct by CFPB


News by Topic   News by Edition   In-depth Reports   Events   Subscribe
All Rise
Case Law
Enforcement Update
Industry News
Legislation
Regulatory News
The Week in Washington
The TRID Journey
TILA News
 
 
RESPA News Monthly
March 2025
RESPA News Monthly
April 2025
RESPA News Monthly
May 2025
Archives
 
2025 State of the Industry
The ABCs of RESPA
Fair Lending
Mortgage Technology
Real Estate Compliance Outlook
Archives
 
 
National Settlement Services Summit (NS3)
Women's Leadership Summit (WLS)
Webinars
 
Subscriptions
Free Email Updates
Try a Free Edition
Library       RESPA Defined   About   Other Publications
NAR Settlement Resources
Affiliated Compliance
Blog - Tuesdays with Mary
Case Law
CFPB Guidance Documents
Enforcement Documents
Federal and State Legislation
Federal Register Notices
HUD's FAQ's - General
HUD's RESPA final rule FAQs
 
Keys to Real Estate Podcast
Model Disclosure Forms
Other Guidance Documents
Position Papers
Proposed Disclosure Forms
Proposed Rules and Regulations
Settlement Agreements
Statements of Policy
Studies and Proposals
 
Timeline of revisions
Disclosure requirements
Prohibited practices
RESPA enforcement
Dodd-Frank Amendments
Current Issues
The RESPA Statute
 
RESPA News
Contact / Editors
Advertise
Request a Media Kit
Social Media
Are You An Expert?
Subscriber Agreement
 
The Title Report
The Legal Description
Valuation Review
Dodd Frank Upate
Copyright © 2005-2025 RESPA News
An October Research, LLC publication
3046 Brecksville Road, Suite D, Richfield, OH 44286
(330) 659-6101, All Rights Reserved
www.respanews.com | Privacy Policy
VISIT OUR OTHER WEBSITES
> Dodd Frank Update
> The Legal Description
> The Title Report
> Valuation Review
> NS3 The Summit
> Women's Leadership Summit
> October Research, LLC
> The October Store


Loading... Loading...
12 USC Section 2605 or Section 6 is titled Servicing of mortgage loans and administration of escrow accounts. It pertains to qualified written requests, notices of transfer of servicing and the administration of escrow accounts.
An arrangement that involves a person who is in a position to refer business as part of a real estate settlement service and who has an interest in a settlement services provider.

In the arrangement, the person, who has either an affiliate relationship with or a direct or beneficial ownership interest of more than one percent in a settlement services provider, directly or indirectly refers business to that provider or influences a consumer to select that provider.
An arrangement that involves a person who is in a position to refer business as part of a real estate settlement service and who has an interest in a settlement services provider.

In the arrangement, the person, who has either an affiliate relationship with or a direct or beneficial ownership interest of more than one percent in a settlement services provider, directly or indirectly refers business to that provider or influences a consumer to select that provider.
A mortgage disclosure that lists all estimated charges and fees associated with your loan. In addition to fees and charges, it will list your loan amount, mortgage rate, loan term and estimated monthly payment. Your escrows due at closing for insurance and taxes will also be outlined. Mortgage lenders are legally required to provide a GFE within three days of receiving your application.
A mortgage disclosure that lists all estimated charges and fees associated with your loan. In addition to fees and charges, it will list your loan amount, mortgage rate, loan term and estimated monthly payment. Your escrows due at closing for insurance and taxes will also be outlined. Mortgage lenders are legally required to provide a GFE within three days of receiving your application.
Under RESPA Section 2605(e)(1)(B), a qualified written request is a written correspondence that includes: 1) the name and account of the borrower, or has enough information to allow the servicer identify that information; and 2) a statement of the reasons for the belief of the borrower that the account is in error or provides sufficient detail to the servicer regarding other information sought by the borrower.

A QWR cannot be written on a payment coupon or other payment medium supplied by the servicer.
Under RESPA Section 2605(e)(1)(B), a qualified written request is a written correspondence that includes: 1) the name and account of the borrower, or has enough information to allow the servicer identify that information; and 2) a statement of the reasons for the belief of the borrower that the account is in error or provides sufficient detail to the servicer regarding other information sought by the borrower.

A QWR cannot be written on a payment coupon or other payment medium supplied by the servicer.
12 USC Section 2609 or Section 10 is titled Limitation on requirement of advance deposits in escrow accounts. It governs escrow accounts including notifications and statements to borrowers. Section 10 also sets out penalties for those who violate the section.
RESPA Section 3 provides that a thing of value includes any payment, advance, funds, loan, service or other consideration

Regulation X says thing of value includes: monies, things, discounts, salaries, commissions, fees, duplicate payments of a charge, stock, dividends, distributions of partnership profits, franchise royalties, credits representing monies that may be paid at a future date, the opportunity to participate in a money-making program, retained or increased earnings, increased equity in a parent or subsidiary entity, special bank deposits or accounts, special or unusual banking terms, services of all types at special or free rates, sales or rentals at special prices or rates, lease or rental payments based in whole or in part on the amount of business referred, trips and payment of another person’s expenses or reduction in credit against an existing obligation.
A form used by a settlement or closing agent itemizing all charges imposed on a borrower and seller in a real estate transaction. This form represents the closing transaction and provides each party with a complete list of incoming and outgoing funds. RESPA requires the HUD-1 to be used as the standard real estate settlement form in all transactions in the U.S. involving federally related mortgage loans.
Featuring:
  • Delivery 3X a week plus breaking news as it happens
  • Comprehensive title insurance industry news
  • Recent acquisitions, mergers, real estate stats
  • Exclusive in-depth coverage of the industry's hottest stories
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Comprehensive Dodd-Frank coverage
  • The latest information from the CFPB
  • Full coverage of Congressional hearings
  • Updates on all agency actions
  • Analysis of controversial provisions
  • Release of newest studies and reports
Sign up today and...
  • Be one of the first to know where NS3 is being held
  • Learn about NS3 speakers and sessions
  • Save on registration with Super-Early Bird rates
  • Discover the networking opportunities NS3 offers
  • Find out if CE credits will be offered for your area
  • And much more
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Preview the latest RESPAnews.com Top Story
  • RESPA related headline news
  • Quote of the Week
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Legal, regulatory and legislative information impacting the settlement services industry
  • News from HUD, Congress, state legislatures and other regulatory agencies
  • Follow the lobbying efforts of all the major national real estate services organizations.
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • The industry's only full-time newsroom
  • Relevant, up-to-date appraisal industry news
  • Covering the hottest stories and industry trends
NEWS BY TOPIC
NEWS BY EDITION
IN-DEPTH REPORTS
EVENTS
LIBRARY
FREE EMAIL UPDATES
ABOUT
SUBSCRIBE
All Rise
Case Law
Conference Coverage
Enforcement Update
Industry News
Legislation
Regulatory News
This Week in Washington
The TRID Journey
TILA News
Current Edition
April 2025
March 2025
February 2025
Archives
2025 State of the Industry
Real Estate Compliance Outlook
The ABCs of RESPA
Fair Lending
Mortgage Technology
Best Practices
Archives
National Settlement
Services Summit (NS3)
Women's Leadership
Summit (WLS)
Webinars
Evolving Realtor Relationships
2025 Economic Outlook Series
CFPB's Shake-Up & Its Impact
Artificial Intelligence for Title
Industry and Regulatory Outlook
RESPA Updates You Need to Know
Evolving Consumer Relationships
Strategies post-NAR settlement
Excess Equity
Securing Your Cyber Network
2024 Economic Forecast Series
Webinar Archives
Cyber Solutions Showcase
NAR Settlement Resources
Keys to Real Estate Podcast
Blog - Tuesdays with Mary
Executive Interview Series
eClosing Solutions Showcase
RESPA DEFINED
Affiliated Compliance
Case Law
Disclosure Forms
Enforcement
Federal and State Legislation
Guidance Documents
HUD's FAQ's - General
HUD's RESPA final rule FAQs
In-Depth Reports
Position Papers and Studies
Rules and Regulations
Timeline of revisions
Disclosure requirements
Prohibited practices
RESPA enforcement
Dodd-Frank Amendments
RESPA Glossary
Current Issues
The RESPA Statute
Model Disclosure Forms
Proposed Disclosure Forms
Enforcement Documents
Settlement Agreements
CFPB Guidance Documents
Other Guidance Documents
Statements of Policy
Position Papers
Studies and Proposals
Federal Register Notices
Proposed Rules and Regulations
RESPA News
Contact Us
Advertise
Request a Media Kit
Social Media
Are You An Expert?
Subscriber Agreement