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Articles Posted in RESPA Section 8 Exemption Gifts and Promotional Activities

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Marx Sterbcow to Speak at RESPRO ONE|STOP32 and NRBA Conferences This April

Marx Sterbcow, Managing Attorney of the Sterbcow Law Group, will be speaking at two major industry events this April, bringing his expertise in real estate law and compliance to the forefront. Here’s where you can catch him: RESPRO ONE|STOP32 Conference Date: April 7-8, 2025 Location: Marriott Tempe at the Buttes…

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FDIC Consumer Compliance Supervisory Highlights Identified RESPA Section 8(a) Violations in its March 2023 Newsletter

The FDIC examiners identified significant consumer compliance issues during its supervisory activities in 2022 according to its March 2023 issue.  The Spring 2021 issue of the Consumer Compliance Supervisory Highlights discussed Real Estate Settlement Procedures Act “RESPA” Section 8(a) violations and the difference between paying for a lead (which is…

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Consumer Financial Protection Bureau issues Compliance Aid on RESPA Section 8: Marketing Service Agreements (MSAs)

Today, the Consumer Financial Protection Bureau (CFPB) announced it has rescinded the highly controversial Compliance Bulletin 2015-05, “RESPA Compliance And Marketing Services Agreements” and issued new  the Real Estate Settlement Procedures Act (RESPA) guidance on Section 8 on the topics of “Gifts and Promotional Activities” and “Marketing Services Agreements“.  The…

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