Finance
Under RESPA (Real Estate Settlement Procedures Act), which of the following is prohibited?
ACharging origination fees
BProviding a Loan Estimate to borrowers
CPaying kickbacks between settlement service providers✓ Correct
DRequiring an escrow account for taxes and insurance
Explanation
RESPA prohibits kickbacks and fee-splitting between settlement service providers (e.g., lenders, title companies, real estate agents) because such practices inflate closing costs for consumers.
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