Referral Fees- What's really legal?
Is it legal to pay a referral fee when someone sends you a borrower for a non-QM/DSCR/HML loan?
I am in search of an attorney who can help answer the age old question but I am constantly hitting a wall with lawyers that don't really work with non-QM loans.
Who can I go to? What legal counsel would you recommend?
How do brokerages pay out referral fees? Do they just categorize it as a marketing fee?