The incentive: In exchange for offering a package with a guaranteed fee and interest rate, providers would
get a safe harbor from anti-kickback protections in Section 8 of the RESPA law.
«It would create an incentive for companies to have this gold - plated set of security policies and then
they get a safe harbor from litigation so it's really a win - win,» he said.
«Most of the legislation pushing for portfolio loans to
get safe harbor status [from litigation] don't have any requirements on the loans themselves, which is highly problematic,» Wilson said.
Not exact matches
Get in touch with a member of our team and we will get started guiding you to your own financial safe harb
Get in touch with a member of our team and we will
get started guiding you to your own financial safe harb
get started guiding you to your own financial
safe harbor.
** Yes, I know, NCLB doesn't actually require 100 percent of kids to
get to proficiency, once you consider the excepts for some special ed students and once you bake in the
safe harbor provision.
However, there are those «
safe harbors» that reduce the probability of
getting legally hammered.
The cruise ship captain and crew have no responsibility to
get a sick passenger to a
safe harbor to find medical care — no matter how sick they are.
As far as we know, there will not be a
safe harbor for
getting up to speed on compliance.
Not all foreclosing banks have the proper standing to demand the right of the
safe harbor provisions and if boards of directors know more about that then they would not have to
get their «pound of flesh» from new neighbors and real estate associates.