WASHINGTON — The Consumer Financial Protection Bureau fined RealtySouth, Alabama's largest real estate firm, $500,000 for allegedly steering consumers to an affiliated title services company.

The order issued Wednesday by the CFPB charges that RealtySouth did not disclose to consumers when buying a house that they had a right to shop around for a title service provider. Instead, customers were directed to TitleSouth LLC, which is owned by the same holding company as RealtySouth. The CFPB said such an action is in violation of the Real Estate Settlement Procedures Act, which prohibits referral kickbacks for real estate settlement services without clear disclosures.

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