Marketing Services Agreements: The CFPB's Bulletin

Marketing Services Agreements

The CFPB's Bulletin

October 23, 2015

1 PM - 2 PM EDT

Series on Marketing Services Agreements ("MSAs") - Second Webinar

On October 8, 2015, the Consumer Financial Protection Bureau issued Bulletin 2015-05, entitled "RESPA Compliance and Marketing Services Agreements," which clarified its position on MSAs. The Bureau had issued a Consent Order, in September 2014, against Lighthouse Title, Inc., a Michigan title insurance agency that had entered into a series of MSAs with various settlement service providers. The Consent Order clarified the Bureau’s concerns regarding methods used in determining the payments under such agreements. The Consent Order also raises troubling questions about how the Bureau interprets Section 8 of RESPA, since many of those interpretations seem to be at odds with guidance previously offered by the Department of Housing and Urban Development. In this webinar, we will discuss the CFPB's Bulletin, the implications of the Lighthouse Title issue, and several ways to implement viable Marketing Services Agreements.

Topics

• Background regarding MSA use
• Highlight current regulatory issues raised by the Bureau's Consent Order
• Lessons learned for structuring new and existing MSAs
• CFPB's Bulletin 2015-05 on MSAs

Description

• Background regarding MSA use
• Regulatory issues raised by the Bureau’s Consent Order
• Lessons learned for structuring new and existing MSAs
• CFPB's Bulletin 2015-05 on MSAs

Attendees Package

• Webinar Slides
• Outline of MSA requirements
• Suite of Services
• Post-webinar access to Q&As

Our webinars are usually highly attended and registration fills up quickly. 

Attendance is limited to the first 1,000 attendees!