Finance
Under the Real Estate Settlement Procedures Act (RESPA), which of the following practices is prohibited?
ACharging origination fees for mortgage loans
BPaying a kickback to a real estate agent for referring a borrower to a title company✓ Correct
CRequiring an escrow account for property taxes
DCharging a survey fee at closing
Explanation
RESPA Section 8 prohibits kickbacks and unearned referral fees between settlement service providers. Paying a real estate agent for referring business to a title company (without providing actual services) is a kickback that violates RESPA.
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