SCOTUS rule and RESPA Section 8
12/22/2019
We were told that the Supreme Court determined several years ago that Section 8 of RESPA is unenforceable?
Jack Holzknecht is the CEO of Compliance Resource, LLC. He has been delivering the word on lending compliance for 39 years. In Jack's 34 years as a trainer over 125,000 bankers (and many examiners) have participated in his live seminars and webinars. Jack's career began in 1976 as a federal bank examiner. He later headed the product and education divisions of a regional consulting company. There he developed loan and deposit form systems and software. He also developed and presented training programs to bankers in 43 states. Jack has been an instructor at compliance schools presented by several state bankers associations. He developed and delivered compliance training for the FDIC and OTS for ten years. He is a Certified Regulatory Compliance Manager and a member of the National Speakers Association. He is also a "BOL Guru."
See all Upcoming and On-Demand training presented by Jack.
12/22/2019
We were told that the Supreme Court determined several years ago that Section 8 of RESPA is unenforceable?
12/15/2019
Can we provide football tickets to local realtors?
12/08/2019
We have been informed that marketing service agreements are illegal. We have a provider that is proposing a third-party agreement. He says this arrangement is not a marketing service agreement and is therefore legal. Your thoughts?
12/01/2019
My compliance officer says we have an affiliated business arrangement with a title insurance company that is 20% owned by our holding company. I thought the rules kicked in with 25% ownership. Who’s right?
11/24/2019
We are not examined by the CFPB. Should we be worried about Section 8 violations?
11/10/2019
Is age a prohibited basis of discrimination under the Fair Housing Act?
11/03/2019
Disparate treatment is still illegal but didn't the Supreme Court overrule disparate impact cases?
10/27/2019
Redlining is an illegal practice under Fair Lending. Isn't it also illegal under the Community Reinvestment Act?
10/20/2019
Fair lending is a mortgage lending issue. Correct?
10/20/2019
The loan estimate must be delivered or placed in the mail not later than the third business day (general rule) after receipt of the consumer's application. As long as you can document that the email was sent not later than the third business day you will be fine.