Wells Fargo ‘Play of the Week’ game draws scrutiny of RESPA police, sources say
HUD’s police are reportedly going after Wells Fargo for running a game that allegedly violates RESPA, industry sources told BrokerNewswire.com this week. The game is only open to those in a position to refer business to Wells Fargo and gives them the opportunity to win weekly prizes, as well as enter to win a grand prize trip to the Pro Bowl in Hawaii. As HUD doesn’t play games when it comes to RESPA violations, sources tell us that settlement talks are underway.
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