Thread Options
#2253428 - 05/04/21 04:12 PM Affiliated Business Arangement Disclosure
MortComp Offline
New Poster
Joined: Nov 2020
Posts: 7
As a secondary market mortgage department for a bank, if the bank has ownership in an investment company is that required to be disclosed on an Affiliate Business Arrangement if this service is not mortgage or real estate related?

Return to Top
RESPA
#2253434 - 05/04/21 05:05 PM Re: Affiliated Business Arangement Disclosure MortComp
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 77,216
Galveston, TX
I see no application of 1024.15 in that scenario.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top

Moderator:  QCL