Finance
Under RESPA, a lender may not pay referral fees to settlement service providers. This prohibition is found in which section?
ASection 7
BSection 8✓ Correct
CSection 9
DSection 10
Explanation
RESPA Section 8 prohibits kickbacks, unearned fees, and referral fees among settlement service providers. Violations can result in criminal penalties including fines and imprisonment.
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