Topic : RESPA Updates
Re/Max In California Implicated in RESPA Violation Case
More tips on RESPA law, guidelines and violations for real estate agents and loan originators from former HUD investigator and RESPA expert, Dr. Gary Lacefield. This week, Dr. Gary Lacefield discusses a pending lawsuit implicating a Re/Max branch in California and United Title Company, alleging they violated RESPA rules by fostering kickbacks, constructive fraud and […]
Civil Suit Filed Following HUD Settlement
More tips on RESPA law, guidelines and violations for real estate agents and loan originators from former HUD investigator and RESPA expert, Dr. Gary Lacefield. A civil lawsuit in Tulsa, Oklahoma, is the subject of this week’s video. After several companies were fined by HUD, homebuyers felt they were owed money for inflated and excessive […]
Stewart Title Fined $750k for Illegal Rebating
More tips on RESPA law, guidelines and violations for real estate agents and loan originators from former HUD investigator and RESPA expert, Dr. Gary Lacefield. This week Dr. Lacefield discusses a 30-month probe into Stewart Title of California, Inc. The company reached a settlement of $750,000 plus costs of $160,000 for inducements to agents. View the […]
Michigan Mortgage Company Fined $675,000
More tips on RESPA law, guidelines and violations for real estate agents and loan originators from former HUD investigator and RESPA expert, Dr. Gary Lacefield. This week Dr. Lacefield addresses undisclosed revenue sharing arrangements and other violations by Michigan-based Hantz Financial Services, Inc. The company was fined $675,000 for fraud and misrepresentations. John Hantz, the […]
Fidelity Pays Fine and Refunds to Customers in Florida
More tips on RESPA law, guidelines and violations for real estate agents and loan originators from former HUD investigator and RESPA expert, Dr. Gary Lacefield. This week’s video covers the refund of $2.2 million by Fidelity National Title Insurance Company to 10,000 customers in Florida. The refund program was the result of the Department of […]
High Room Rental Rates Seen as Kickback Violation by HUD
More tips on RESPA law, guidelines and violations for real estate agents and loan originators from former HUD investigator and RESPA expert, Dr. Gary Lacefield. This week’s video deals with more details on overcharging for Detroit conference rooms. The leads to a HUD investigation and $150,000 in settlements. View the RESPANewsUpdate.com video here. This educational […]
Kickbacks for Detroit Conference Rooms
More tips on RESPA law, guidelines and violations for real estate agents and loan originators from former HUD investigator and RESPA expert, Dr. Gary Lacefield. This week Dr. Lacefield addresses a kickback case involving conference room rentals in the Detroit area. When another free conference room is only three blocks away, it’s no wonder HUD […]
New England Crackdown for Entertainment
More tips on RESPA law, guidelines and violations for real estate agents and loan originators from former HUD investigator and RESPA expert, Dr. Gary Lacefield. This week’s video deals with a mortgage company that solicited tickets to sports events and music concerts as well as dinners in exchange for referring business. 1-800-East-West Mortgage Company settled […]
“Title Group Builders” Nailed with HUD Fine
More tips on RESPA law, guidelines and violations for real estate agents and loan originators from former HUD investigator and RESPA expert, Dr. Gary Lacefield. This week’s video deals with a $226,000 fine for “Title Group Builders” in Tennessee. HUD determined that First American Title paid the nine builders that make up Title Group Builders […]
Prudential Fined $48,000 for RESPA Violation
More tips on RESPA law, guidelines and violations for real estate agents and loan originators from former HUD investigator and RESPA expert, Dr. Gary Lacefield. This week’s video addresses a party thrown by Wells Fargo for Prudential real estate agents in Hawaii. How could a clambake go so wrong and cost Prudential $48,000? Watch the […]