For some time, there has been talk about a possible marketing services agreement enforcement action coming from the Consumer Financial Protection Bureau. So far, nothing has come down the pike. However, there have been some rumblings within the industry about current, ongoing MSA investigations. With the CFPB out there in search of RESPA violations, now is a good time to make sure your MSA is compliant.
Webinars are good, but a group of industry associations says written guidance from the Consumer Financial Protection Bureau would be better. Read on to find out what else the associations would like to see between now and Aug. 1.
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