Finance
RESPA (Real Estate Settlement Procedures Act) prohibits:
AAdjustable interest rates on mortgages
BKickbacks and referral fees between settlement service providers✓ Correct
CSellers from paying buyers' closing costs
DLenders from charging origination fees
Explanation
RESPA prohibits kickbacks, referral fees, and unearned fee splitting between settlement service providers (such as lenders, title companies, and real estate agents). It is designed to protect consumers by ensuring transparency in settlement costs.
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