Bulletin re: RESPA compliance and marketing services agreements
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