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#2268675 - 04/05/22 02:38 PM Section 8
dmcpherron Offline
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Joined: Feb 2021
Posts: 7
Section 8 violation question. If a loan officer takes a realtor to a sporting event, that appears to me to be section 8 violation. However, previous internal guidance was given that if the LO just gave the realtor a ticket that was not acceptable, but as long as the LO went with the realtor there was no violation. In my opinion I don't see the difference. Both situations appear to be violations. Thoughts? The thought was this is a normal business development practice and fits the "normal promotional" activity definition. Thanks.

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RESPA
#2268679 - 04/05/22 03:33 PM Re: Section 8 dmcpherron
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 79,935
Galveston, TX
What does paying for a sporting event have to due with business development. You ever tried to talk shop at a sporting event? It is purely a pay to play proposition.
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