Finance
Under RESPA, which of the following is prohibited in a residential mortgage transaction?
ACharging origination fees
BPaying kickbacks or referral fees for referring settlement service business✓ Correct
CRequiring title insurance
DCharging prepaid interest at closing
Explanation
RESPA Section 8 prohibits the payment of kickbacks or referral fees between settlement service providers for referring business. This protects consumers from inflated settlement costs caused by unearned fees.
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