Feb 06 2025 27 mins
RESPA compliance, huh! What is it good for? Absolutely.... In this episode of The MLO Project, Frazier, and Michael break down a hot LinkedIn article from Greg Sher on RESPA reform and why pushing for change might be riskier than you think.
Frazier’s been in the trenches as a former mortgage company co-owner and compliance consultant, and he knows how this game is played. Michael and Frazier unpack what RESPA really means for your business, the landmines smaller lenders face, and how to market without stepping into a legal mess.
If you’re in the mortgage world, you need to understand this stuff. Stay smart, stay compliant, and keep winning. Let’s get into it.
00:00 Welcome and Introductions
00:27 Discussing the LinkedIn Article
01:39 The Impact of RESPA Reform
04:30 Examples of RESPA Compliance Issues
17:42 The Role of CMOs in RESPA Compliance
26:05 Final Thoughts and Conclusion
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