Gov't Affairs Blog

CFPB Investigates Possible Mortgage Insurance Kickbacks

08/06/2012 10:30 AM | Alan Fields (Administrator)
In descriptions which sound familiar to many in the title industry, the CFPB appears to be investigating the practice of some lenders participating in profits on Mortgage Insurance through captive reinsurance and the payment of fees for the referral of Mortgage Insurance Business not permitted by RESPA.   

Anyone think that they'll be looking at affiliated businesses in title more closely?

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