RESPA Section 8: Upcharging

RESPA Section 8 prohibits a lot of different things and one such thing is upcharging for settlement services.

Remember, you are a bank and not a store. 

The fee you pass on for settlement services needs to be the actual amount charged by the provider.

Kevin explains more in the video.

Ready to learn more?  JOIN US for our webinar, “RESPA Section 8”.  Featured topics include:

ONE HOUR TRAINING

Featured Topics:

• Defining Settlement Service Providers & Referrals
• What Can You Do? What Can’t You Do?
• Referral Fees, Unearned Fees, Kickbacks & Split Charges
• Your Employees vs. Third Parties
• Other Prohibitions
• The CFPB FAQs & The Regulatory Landscape
• Expectations, Best Practices & Much More!

Designed for management, loan officers, loan processors, compliance, audit and loan operations personnel.

(1.25 Continuing Education credit hours)

PRESENTERS LIVE ON VIDEO!

NO CHARGE FOR ADDITIONAL LOCATIONS!

Published
2022/11/07