A pre-recorded streaming VIDEO replay of one session from the May 2018 live seminar, 36th Annual Real Estate Practice.
Cosponsored with the Real Property Section of the Virginia State Bar
As real estate service providers have sought to broaden their sources of revenue and increase their market share, tensions have arisen regarding precisely what type of arrangements are allowed under federal law. This presentation addresses the kinds of business models between settlement companies, real estate agents, and lenders that are permissible under RESPA—and those that are not. Topics include the types of arrangements that constitute illegal kickbacks under RESPA, the safe harbor created by affiliated business arrangements as defined by the statute, the required disclosures, and a discussion of some of the more recent enforcement proceedings under the statute.