by Jeff Sorg | Feb 1, 2017 | Contractor, Mortgage, Real Estate
The CFPB’s investigation found that ReMax Gold Coast and Keller Williams Mid-Willamette accepted illegal payment for referrals By Jeff Sorg, OnlineEd Blog (February 1, 2017) – The Consumer Financial Protection Bureau (CFPB) on Tuesday took action against...
by Jeff Sorg | Oct 22, 2015 | Mortgage, Real Estate
Violations of the Real Estate Settlement Procedures Act have resulted in more than $75 million in fines By Jeff Sorg, OnlineEd Blog (October 22, 2015) – The Consumer Financial Protection Bureau (CFPB) recently issued a bulletin providing guidance to the mortgage...
by Jeff Sorg | Jan 22, 2015 | California Real Estate, Georgia Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(Washington D.C.) – The Consumer Financial Protection Bureau (CFPB) and the Maryland Attorney General announced they took action against Wells Fargo and JPMorgan Chase for an illegal marketing-services-kickback scheme they participated in with Genuine Title, a...
by Jeff Sorg | Oct 6, 2014 | California Real Estate, Georgia Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(Jeff Sorg, OnlineEd) – “Today’s action sends a clear and simple message, that quid pro quo agreements for real estate referrals are illegal,” said CFPB Director Richard Cordray. The Consumer Financial Protection Bureau (CFPB) has ordered Lighthouse Title, a...