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#419926 - 09/08/05 12:39 PM RESPA fine $250M
Andy_Z Offline
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Andy_Z
Joined: Oct 2000
Posts: 27,754
On the Net
Coldwell Banker in Atlanta, referral fee problem. This may be one to keep and use in training just to use for a, "see, it is not OK" example.
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Lending Compliance
#419927 - 09/08/05 09:47 PM Re: RESPA fine $250M
Anonymous
Unregistered

I thought you could pay your own employees for referring business to an affiliate? Isn't that what they did?

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#419928 - 09/09/05 12:22 AM Re: RESPA fine $250M
rainman Offline
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rainman
Joined: Nov 2004
Posts: 3,238
Are real estate agents "employees" or independent contractors?
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#419929 - 09/09/05 05:55 PM Re: RESPA fine $250M
Anonymous
Unregistered

Good point. Maybe that is the difference.

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