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Title Companies Consent Order

Morrison & Foerster LLP

CFPB Ups the Ante in RESPA Crackdowns

On April 29, 2015, the CFPB, in conjunction with the Maryland Attorney General, filed six proposed consent orders—five of which are against individual defendants—in its latest RESPA enforcement action. The Bureau alleges that...more

Carlton Fields

Aggressive Regulators and the Plaintiffs’ Lawyers Who Follow Them

Carlton Fields on

As soon as a putative class action complaint hits the clerk’s office alleging a new theory of liability, plaintiffs’ lawyers rush to sign up potential class representatives and file copycat suits in as many jurisdictions as...more

Ballard Spahr LLP

CFPB settles RESPA charges for marketing services agreements allegedly tied to referrals

Ballard Spahr LLP on

The CFPB has announced that it has entered into a consent order with a Michigan title insurance agency to settle charges that the agency violated the Real Estate Settlement Procedures Act (RESPA) by paying fees to various...more

Ballard Spahr LLP

CFPB orders New Jersey title services company to pay for illegal mortgage referrals

Ballard Spahr LLP on

On June 12, the CFPB announced that it has issued a Consent Order under which a New Jersey title services company, Stonebridge Title Services Inc., agreed to pay a $30,000 civil money penalty for paying illegal kickbacks for...more

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