Raleigh Realty and CrossCountry Mortgage are accused in six separate lawsuits of operating an illegal “pay-to-play” scheme in violation of the Real Estate Settlement Procedures Act (RESPA).
Source: Inman News
Homebuyers sue brokerage they allege steered them to lender
Published in adjustable-rate mortgage, Chuck Shackelford, co-marketing, Co-marketing Agreement, Corey Walker, court, CrossCountry Mortgage, digital marketing, discount points, kickback, Loan Origination Fee, Maginnis Howard, Mortgage, north carolina, Page One Power LLC, Pay-to-Play Scheme, raleigh, Raleigh Realty, Regulations, respa, Ryan fitzgerald and Select
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