Bulletin re: RESPA compliance and marketing services agreements
The materials relating to the Bulletin on the Bureau's website are for reference only.
The Consumer Financial Protection Bureau (CFPB or the Bureau) issues this compliance bulletin to remind participants in the mortgage industry of the prohibition on kickbacks and referral fees under the Real Estate Settlement Procedures Act (RESPA) (12 U.S.C. 2601, et seq.) and describe the substantial risks posed by entering into marketing services agreements (MSAs).
CFPB Bulletin 2015-05
Related information
CFPB provides clearer rules of the road for RESPA marketing service agreements