Regulators claim lenders’ marketing agreements with more than 40 real estate brokerages, including Realty Connect USA, were a conduit for kickbacks that generated more than 1,000 mortgage referrals.
Source: Inman News
Freedom Mortgage to pay $1.75M to settle agent kickback scheme
More from Consumer Financial Protection BureauMore posts in Consumer Financial Protection Bureau »
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
- Embattled Fed Governor Lisa Cook says tariffs fueling inflation
- 2025 a banner year for mortgage deregulation and legislation
- What every real estate pro should know about kickback rules
- Outside lawyers, WSJ editorial board urge Trump not to fire Powell
More from Freedom MortgageMore posts in Freedom Mortgage »
- Trump signs bill curtailing sale of mortgage trigger leads in 180 days
- Mortgage trigger leads will be less crazy, but they ain’t going away
- Rocket to inherit Mr. Cooper’s customer satisfaction woes
- Ted Cruz aims to defund CFPB with implications for lender oversight
- First-timers ‘significantly’ less satisfied with mortgage lenders
More from MortgageMore posts in Mortgage »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Stop freaking out about 50-year mortgages. They might save the housing market
- Homebuying off to strongest November start since 2022
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
More from Real Estate Settlement Procedures ActMore posts in Real Estate Settlement Procedures Act »
- Zillow hit with new class-action suit over alleged broker kickbacks
- 2025 a banner year for mortgage deregulation and legislation
- Gary Keller, Opendoor stock, one broker’s TikTok: Inman’s Top 5
- What every real estate pro should know about kickback rules
- Could your lender co-marketing violate RESPA? The Download
More from Realty Connect USAMore posts in Realty Connect USA »
More from RegulationsMore posts in Regulations »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- ALTA takes aim at seller impersonation fraud: What to know
- Mortgage giants ‘very close’ to accepting new FICO score
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
- Why Fannie and Freddie still won’t accept more inclusive credit score
More from respaMore posts in respa »
- Zillow hit with new class-action suit over alleged broker kickbacks
- 2025 a banner year for mortgage deregulation and legislation
- Gary Keller, Opendoor stock, one broker’s TikTok: Inman’s Top 5
- What every real estate pro should know about kickback rules
- Could your lender co-marketing violate RESPA? The Download
More from rohit chopraMore posts in rohit chopra »
Be First to Comment