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No. The Mortgage Brokers, Lenders, and Servicers Licensing Act and the Secondary Mortgage Loan Act require that licensees/registrants comply with Regulation X. Section 1024.14 of Regulation X prohibits the payment of referral fees. Any referral of a settlement service is not a compensable service, except as set forth in § 1024.14(g)(1). A company may not pay any other company or the employees of any other company for the referral of settlement service business.
