U.S. v. Ross
131 F.3D 970, 1997.C11.40084
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Descripción editorial
This appeal concerns whether a mortgage lenders payment of a "yield spread premium" to a mortgage broker violates the anti-kickback provision of the Real Estate Settlement Procedures Act, 12 U.S.C. § 2601, et seq. ("RESPA"). The district court granted summary judgment to defendant Inland Mortgage Corp. and held that the payment it made was not prohibited by RESPA. After review, we disagree and reverse.