With the broad movement of high profile Real Estate Settlement Procedures Act (RESPA) cases in both the circuit courts and U.S. Supreme Court this past year, settlement services professionals should be aware of how these cases affect their business practices.
RESPA News, Dodd Frank Update’s sister publication, is hosting a webinar on Nov. 1 to educate the title and settlement services industry on the significance of Edwards v. First American, Freeman v. Quicken Loans and Carter v. Welles Bowen and how recent activity from the Consumer Financial Protection Bureau (CFPB) correlates to recent court decisions.
Fee Splitting, Kickbacks and AfBAs: RESPA court decisions impacting your business is a 60-minute instructional webinar produced by October Research, LLC and presented by two of the nation’s top RESPA attorneys who will discuss the most impactful RESPA cases traveling through the courts and the key points crucial to a settlement services business. Jonathan Cannon, of BuckleySandler LLP, and Francis “Trip” Riley of Saul Ewing LLP, will educate industry professionals on the importance of each case, how it impacts title insurance companies and what it means to the settlement agent. Participants will leave the program with real takeaways of things title agents need to be doing in their business practices or issues to be aware of to avoid this kind of litigation.
Topics will include:
- Kickbacks;
- Section 8 and the fee split issue;
- Update on affiliated business arrangements; and
- The CFPB’s latest investigative activity and how it correlates to recent court decisions.
“With all of the recent changes to RESPA at the hands of both the courts and the CFPB, now is a particularly good time to step back and assess where we are and where we may be going,” said Cannon.
“There has been a lot of movement with RESPA in the past year and understanding what’s happening on the regulatory front and in the courts can help a business not only stay compliant but also avoid situations that could cost them down the road in legal fees,” said Angela Rulffes, editor of RESPA News and moderator for the webinar. “We are pleased to bring a training program to the industry that targets specific RESPA issues that are core compliance elements to any successful business.”
Join us on Nov. 1 and get the information you need to stay current on these critically important RESPA topics. One registration includes attendance to the live presentation, a packet of relevant, educational handouts and feature articles, the PowerPoint presentation and a chance to ask questions during the live Q&A segment. Register here or call 330-659-6101, ext. 6611 for more information.