In your opinion, will the CFPB be going after the lead providers or also the company that bought the lead?

In my opinion the CFPB/FTC will target both the lead providers and the company that bought the lead. The CFPB has expanded UDAAP recently to include those who provided “Substantial Assistance” to a settlement service provider in connection with a mortgage transaction.

Note: This transcript has been edited from the March 2015 RESPA Section 8 webinar for clarity and completeness.

Answered By: Marx Sterbcow