Mortgage Radio

Legal Sand Traps
Reaired: Friday, November 16, 2-3:30 p.m., EST

Originally Aired: Thursday, August 24, 2 -3:30 p.m. EST

Kickbacks, referral fees, cold calling, unpaid overtime...

All potential sand traps for you and your mortgage company!

In an industry where the traditional ways of doing business are constantly evolving, legal and regulatory compliance is more important than ever before. More and more loan origination companies are facing fines and even imprisonment for getting caught in legal sand traps that they may not have known even existed, or fully understood. Even the referral of a name with a promise to do business or cold calling residential consumers may raise legal concerns.

With a lot of legal uncertainty or "gray areas," one wrong move can lead even the most experienced mortgage originator into the courtroom.

How Can You Ensure You and Your Mortgage Business Are Legally Compliant?

Register for a rebroadcast of Mortgage Radio: Legal Sand Traps to obtain the legal guidance and gain the knowledge you need to remain compliant. Tune in to this audio seminar on November 16 and hear industry experts discuss:

• RESPA: Kickback laws, referral fees and disclosure rules
• 1099 vs. W2: Ttaking a legal look at the payment debate
• Department of Labor laws: Federal wage and hour laws and overtime exemptions
• Do not call/fax/e-mail compliance laws: Current guidelines
• The FTC's Safeguards Rule: What recent enforcement actions mean for you