The meeting focused on RESPA regulations, particularly Section 8’s prohibition on referral fees and kickbacks in the mortgage and real estate sectors, with Richard Horn, a former FDIC and CFPB attorney, providing detailed explanations of key requirements and enforcement aspects. Richard covered various aspects of RESPA compliance, including disclosures, fee splitting prohibitions, affiliated business arrangements, and the specific requirements for payments and promotional activities. The discussion concluded with practical examples and clarifications about marketing versus referrals, including questions about promotional activities and their compliance with RESPA regulations.

To watch the recording of Richard Horn’s Presentation, please visit the PNS YouTube Channel.