Sentences with phrase «regarding fee splitting»
The PHH Opinion continues a long line of interpretations from the Department of State regarding the fee splitting and kickback prohibitions in Section § 442 as they relate to a variety of promotional programs designed by real estate licensees attempting to increase services and sales.
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Creating a circuit split between federal appellate courts, the Second Circuit has ruled that courts are required to defer to United States Department of Housing and Urban Development's («HUD») interpretation of section 8 (b) of the Real Estate Settlement Procedures Act («RESPA») regarding a lender's mark - up of a third party's fees when no additional...