Finance
A New Hampshire lender who violates RESPA by accepting a kickback from a title company has committed:
AA civil infraction only
BA federal violation subject to fines and imprisonment✓ Correct
CA state-only violation regulated by NHREC
DA disclosure violation only
Explanation
RESPA Section 8 prohibits kickbacks and unearned fees in federally related mortgage transactions. Violations are federal offenses with penalties including fines up to $10,000 and up to one year of imprisonment.
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