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Thursday, October 15, 2009. Rebate schemes subject to RESPA scrutiny. Sometimes you just can't predict human nature. My article on the "rebate" scheme that's going on through Fidelity’s TransactionPoint drew lots of comments. But here's the shocker: Many of these industry professionals seemed more upset over not being invited to participate in this scheme than the fact that this latest kickback arrangement is being looked at as a RESPA violation! So those of you who haven't tapped into this kind of kickb...

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Thursday, October 15, 2009. Rebate schemes subject to RESPA scrutiny. Sometimes you just can't predict human nature. My article on the rebate scheme that's going on through Fidelity’s TransactionPoint drew lots of comments. But here's the shocker: Many of these industry professionals seemed more upset over not being invited to participate in this scheme than the fact that this latest kickback arrangement is being looked at as a RESPA violation! So those of you who haven't tapped into this kind of kickb...
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RESPA Observer | respaobserver.blogspot.com Reviews

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Thursday, October 15, 2009. Rebate schemes subject to RESPA scrutiny. Sometimes you just can't predict human nature. My article on the "rebate" scheme that's going on through Fidelity’s TransactionPoint drew lots of comments. But here's the shocker: Many of these industry professionals seemed more upset over not being invited to participate in this scheme than the fact that this latest kickback arrangement is being looked at as a RESPA violation! So those of you who haven't tapped into this kind of kickb...

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RESPA Observer: April 2009

http://respaobserver.blogspot.com/2009_04_01_archive.html

Monday, April 13, 2009. And HUD responds . Have you ever had somebody explain something to you that just doesn't make sense? That happened to me a few days ago when I spoke to Kevin Stevens, a compliance protection specialist with the U.S. Department of Housing and Urban Development. Settlement services are essentially all the services that are paid for before a home changes hands, including things like mortgage insurance, property taxes and notary fees. And NHDs? Well, I went onto HUD's website to check...

2

RESPA Observer: March 2009

http://respaobserver.blogspot.com/2009_03_01_archive.html

Sunday, March 15, 2009. No truth in advertising . In the real estate industry, the practice is known as "white labeling." But let's call it what it really is - a kickback. And it's costing consumers. Here's how it works:. Some title companies are wholesaling their Natural Hazard Disclosure reports or data to real estate brokerage firms. These brokerage firms then slap their own name on the reports and sell them at an inflated price to unsuspecting consumers. In other words . it's wrong. NHD reports are a...

3

RESPA Observer: July 2009

http://respaobserver.blogspot.com/2009_07_01_archive.html

Thursday, July 30, 2009. Another possible RESPA violation? Well, it looks like another California realty firm is forging exclusive — and highly questionable— business arrangements for settlement services, a move that appears to violate the Real Estate Settlement Procedures Act. If you have information on this, contact me at mitch@respaobserver.com. Posted by Mitch Redding. Tuesday, July 28, 2009. Latest Freddie Mac Attack! Secret Monopoly Formed with First American Title! This company, which is a signifi...

4

RESPA Observer: Rebate schemes subject to RESPA scrutiny

http://respaobserver.blogspot.com/2009/10/rebate-schemes-subject-to-respa.html

Thursday, October 15, 2009. Rebate schemes subject to RESPA scrutiny. Sometimes you just can't predict human nature. My article on the "rebate" scheme that's going on through Fidelity’s TransactionPoint drew lots of comments. But here's the shocker: Many of these industry professionals seemed more upset over not being invited to participate in this scheme than the fact that this latest kickback arrangement is being looked at as a RESPA violation! So those of you who haven't tapped into this kind of kickb...

5

RESPA Observer: Is Fidelity's TransactionPoint facilitating “reimbursements” to brokers from afilliated services?

http://respaobserver.blogspot.com/2009/09/is-fidelitys-transactionpoint.html

Wednesday, September 23, 2009. Is Fidelity's TransactionPoint facilitating “reimbursements” to brokers from afilliated services? I recently came across a new twist – but the song sure sounds the same. RESPA OBSERVER is investigating what appears to be yet another tool to pay brokers for their participation in a scheme to funnel business to Fidelity’s TransactionPoint affiliated services. Since we in the industry tend to have short-term memory loss, I will remind you that in 2007 First American Title Insu...

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RESPA Observer

Thursday, October 15, 2009. Rebate schemes subject to RESPA scrutiny. Sometimes you just can't predict human nature. My article on the "rebate" scheme that's going on through Fidelity’s TransactionPoint drew lots of comments. But here's the shocker: Many of these industry professionals seemed more upset over not being invited to participate in this scheme than the fact that this latest kickback arrangement is being looked at as a RESPA violation! So those of you who haven't tapped into this kind of kickb...

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