RESPA: Real Estate Settlement Procedures Act - Section 8 specifically governs referral fees and kickbacks in mortgage transactions. Critical for determining permissible compensation structures.
TILA: Truth in Lending Act - Requires accurate disclosure of mortgage loan terms and costs to consumers, affecting how referral arrangements must be disclosed.
Dodd-Frank Act: Comprehensive financial reform law that impacts mortgage lending practices, including additional consumer protections and restrictions on mortgage referral practices.
SAFE Act: Secure and Fair Enforcement for Mortgage Licensing Act - Establishes licensing and registration requirements for mortgage loan originators.
Regulation X: CFPB regulation implementing RESPA, providing detailed requirements for real estate settlement procedures and referral practices.
Regulation Z: CFPB regulation implementing TILA, detailing requirements for credit terms disclosure and consumer protections in mortgage lending.
State Mortgage Laws: Various state-specific regulations governing mortgage lending and referral practices, which may impose additional requirements beyond federal law.
Fair Housing Act: Prohibits discrimination in housing-related transactions, including mortgage referrals, based on protected characteristics.
ECOA: Equal Credit Opportunity Act - Prohibits discrimination in credit transactions, including mortgage referrals, based on protected characteristics.
GLBA: Gramm-Leach-Bliley Act - Requires financial institutions to explain their information-sharing practices and protect sensitive data.
AML Regulations: Anti-money laundering regulations requiring verification of identity and source of funds in mortgage transactions.
State Licensing Requirements: State-specific requirements for licensing of mortgage brokers, lenders, and other parties involved in mortgage referral arrangements.
