Skip to content
BOL Conferences
Learn More - Click Here!

Forums · Active Threads · Forum Rules · Mark All Read · Log In
BankersOnline.com Forums Banker Forums Need to Remain Anonymous New Reply
New Reply
Post Icon
Smilies Insert Link Insert Email Link Insert Image Link Insert Media Tag List Bold Italic Underline Strike-through Spoiler Quote Font Color Fonts Font Size
 Make textarea smaller
Make textarea bigger
Post Options

HTML is disabled.
UBBCode is enabled.
Poll Manager (Total Polls: 0)




In Response To:
Thread Starter: Anonymous
Title: Re: Referral fee confusion

Here's the scenario, to the best of my knowledge:

Bank is the settlement agent. Seller, a closing corporation, is requesting that we indicate on the HUD-1 a referral fee, to be deducted and due from the listing agent's commission, as a POC "as allowable by RESPA for informational purposes". We have never dealt with this kind of transaction before. Where would we put this information?

Thanks for the help!