Finance
Which of the following is NOT a federally related mortgage under RESPA?
AA loan insured by the FHA
BA seller-financed transaction between two individuals with no institutional lender✓ Correct
CA loan originated by a federally regulated lender
DA loan to be purchased by Fannie Mae
Explanation
RESPA applies to federally related mortgage loans. A purely private seller-financed transaction with no institutional lender involvement is generally not covered by RESPA.
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