CFPB Rescinds RESPA Bulletin on Marketing and Services Agreements and Publishes Important FAQs

Announcements Mark Out a Clearer Path, but MSAs and Gifts Still Require Careful Review - Last week, the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) announced significant changes to how it will view the legality of Marketing and Services Agreements (“MSAs”) under the Real Estate Settlement Procedures Act (“RESPA”)....
By: McGuireWoods LLP

Array