United States:
CFPB Bulletin On Marketing Services Agreements: Not Per Se Unlawful, But . . . .
16 October 2015
Morrison & Foerster LLP
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The CFPB on October 8, 2015 issued Compliance Bulletin 2015-05,
RESPA Compliance and Marketing Services Agreements (Bulletin). The
Bulletin represents another significant signpost along the
agency's continuing journey to limit common arrangements that
settlement-side parties have established and operated over the
years under the Real Estate Settlement Procedures Act.
Read our client alert.
Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
situations.
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