cba

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cba

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CBA

abbreviation for
can't be arsed
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References in periodicals archive ?
Moreover, the Hearing Board found that Rukavina either did not provide his clients with a controlled business arrangement disclosure at all or did not provide it to them until the closings; even then, in one instance he signed the disclosure himself under his client's power of attorney.
BUSINESS WIRE)--July 16, 1997--SummerHill Homes, a premium builder of luxury homes, announced the formation of a Controlled Business Arrangement with E-Loan, a Palo Alto-based Internet mortgage company.
The rule provides that a controlled business arrangement is not a violation of Section 8 of RESPA and permits referrals of business to an affiliated settlement service provider if: (1) the consumer receives a written disclosure of the nature of the relationship and an estimate of the affiliate's charges; (2) the consumer is not required to use the controlled entity; and (3) the only "thing of value" received from the arrangement, other than payments for services rendered, is a return on ownership interest.
Such a service can take the form of a computerized loan origination entity (CLO), where the Realtor assumes responsibility for origination of the loan; a controlled business arrangement (CBA), where a mortgage broker or lender takes responsibility for origination and the Realtor is a passive partner; or an electronic referral of information about the customer to the lenders on the MARS network.
In July 1980, HUD issued an interpretive rule stating that "a controlled business arrangement may be a violation of Section 8.
According to Keleher, the two firms have entered into a controlled business arrangement, giving Prudential New Jersey Realty customers and sales associates access to an in-house mortgage banker.
Assuming these factors, taken together, indicate that a bona fide venture is present, the entity may take advantage of the CBA exemption provided, of course, that it complies with the general controlled business arrangement requirements concerning disclosure, required use and returns on ownership interest.
At First Franklin, we entered into a controlled business arrangement in late 1994 with Contempo Realtors, San Jose, California, and several mortgage brokers.
disclosure of controlled business arrangement (CBA) relationships.
The final RESPA regulations expressly provide for the federal preemption of state controlled business arrangement laws that are inconsistent with RESPA, but restrict HUD from construing those provisions that impose more stringent limitations on controlled business arrangements as inconsistent with RESPA "so long as they give more protection to consumers and/or competition.
The second issue that affects many mortgage banking operations that are part of a controlled business arrangement involves the question of when a consumer is required to use a particular lender.
While such controlled business arrangements have been common over the years in mortgage lending, the company feels it can present substantial conflicts as they affect the all-important opinion of value.

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