HomeStreet Fined for RESPA Violations

November 7, 2019

National Mortgage News, Nov. 6, 2019–Ken McCarthy (subscription)
The Federal Deposit Insurance Corp. said in a press release Wednesday that the $7.2 billion-asset HomeStreet violated RESPA when it entered into agreements with real estate brokers to co-market services through online platforms. The bank also ran afoul of the law when it agreed to rent space in the offices of brokers and homebuilders.
https://www.nationalmortgagenews.com/news/homestreet-bank-to-pay-fine-for-respa-violations