On February 19, NAR hosted a webinar on marketing and
services agreements (MSAs) and other agreements under the Real Estate
Settlement Procedures Act (RESPA). There have been a number of enforcement
actions targeting disclosures and practices under the anti-kickback provisions
of RESPA. No one may give or accept anything of value for the referral of
settlement services in residential transactions involving a mortgage. MSAs are
under particular scrutiny.
Visit
www.realtor.org/respa to
see the latest updates on new RESPA changes and join the next RESPA webinar on
Thursday, March 19, 2015 at 2 p.m. on the changes to the closing process set
for August 1.
Click here for
a recording of the February 19 webinar.
Click here for
dos and don'ts for MSAs.