Exam term
Referral payment
A payment for settlement-service referrals, prohibited by 12 U.S.C. 2607 for federally related mortgage loans, as opposed to bona fide compensation for actual services.
Exam term
A payment for settlement-service referrals, prohibited by 12 U.S.C. 2607 for federally related mortgage loans, as opposed to bona fide compensation for actual services.