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Marketing service agreements can spell RESPA trouble

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?

Marketing Service Agreements (MSA) typically involve third parties that receive payments for marketing or promotional services that are actually payments for referrals. Whether referred to as an MSA or a Third-Party Agreement the arrangement can present problems.
Learn more about Jack Holzknecht webinar Understanding RESPA Section 8 Violations

First published on 12/08/2019

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