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Home / Opinion Digests / Borrowers Lose RESPA ‘Kickback’ Suit (access required)

Borrowers Lose RESPA ‘Kickback’ Suit (access required)

Plaintiff class of borrowers who lost their RESPA suit against a bank and a real estate company for allegedly setting up a “sham” mortgage company for kickbacks on mortgage referrals, could not win a new trial by pointing to a “judicial admission” by the real estate company’s lawyer about the loan referrals, or to defense ...

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