Finance
Loan origination fees and mortgage broker compensation in Utah are regulated under:
AUtah Division of Real Estate rules
BRESPA, Regulation Z, and the Dodd-Frank Act's loan originator compensation rules✓ Correct
COnly state banking regulations
DFederal Reserve lending standards
Explanation
Loan originator compensation is regulated by RESPA (anti-kickback), Regulation Z (loan originator compensation rule—LO Comp), and Dodd-Frank, which prohibits steering borrowers to loans that benefit the LO at the expense of the borrower and regulates compensation structures.
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