Finance
In Michigan, RESPA prohibits which of the following?
ALenders setting fees for loan origination
BSettlement service providers receiving kickbacks or unearned fees✓ Correct
CSellers paying buyer's closing costs
DBuyers shopping for their own title insurance
Explanation
RESPA Section 8 prohibits kickbacks and unearned fees between settlement service providers (title companies, mortgage brokers, real estate agents, etc.). These arrangements inflate consumer costs without providing additional service.
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