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Holiday gifts may bring RESPA woes

Does Section 8 prevent us from accepting Christmas gift from providers such as appraisers and title companies?

Gifts are a concern, and not only during the holiday season. Section 8 prohibits giving or receiving a fee or thing of value for the referral of settlement business. Receiving gifts may also raise concerns under the bank's bribery policy.
Learn more about Jack Holzknecht webinar Understanding RESPA Section 8 Violations

First published on 12/29/2019

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