PHH, Realogy agree to pay $17 million to settle lawsuit over alleged kickbacks

PHH, Realogy agree to pay million to settle lawsuit over alleged kickbacks
PHH Corp. and Realogy Holdings will pay $17 million as part of a class action settlement over alleged kickbacks involving a former joint mortgage venture between the two companies. The lawsuit, which was originally filed in 2015, accused the companies of violating the Real Estate Settlement Procedures Act by “improperly paying and receiving kickbacks, referral fees, or other things of value in connection with the referral of title insurance and other settlement services.”
Source: https://www.housingwire.com/rss