Understanding Prohibition Against Kickbacks and Unearned Fees in Section 8 of the RESPA and Regulation X (MLC562M)


  Pre Recorded Webinar
  60 minutes
   Wed, May 25, 2016

Take an In-Depth Look at Section 8 and Regulation X Prohibitions and Allowances

The CFPB now administers RESPA Section 8 and Regulation X and has recently been involved in two enforcement actions that include RESPA Section 8. Compliance with Section 8 is essential if you are involved in the mortgage business.

This session with expert speaker Chrys D. Lemon will provide a focused look at Section 8 and Regulation X's prohibitions and allowances—restrictions that affect everyone in the mortgage business, from loan applications and originations, to credit decisions, closings, and insurance on a home.

Chrys will cover uncertainties in the law due to the CFPB's having enforcement authority over Section 8, in lieu of the Department of Housing and Urban Development (HUD), and look at several hypotheticals. You will also be provided with a handy chart summarizing Section 8.

Session Highlights

The session will discuss:

Who should attend?

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Presenter

Chrys Lemon is a partner in McIntyre & Lemon, PLLC, in Washington, D.C. He specializes in financial services law, particularly related to marketing of consumer financial products and services, privacy law, insurance law, and regulation of financial institutions by the Consumer Financial Protecti... More info

 


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Disclaimer: The content herein does not represent any association between CFPB and Eli Financial LLC. CFPB neither endorses any product of Eli Financial LLC nor warrants accuracy of the content hereto.