Finance
Under RESPA, a Washington lender may NOT require a borrower to use a specific:
ATitle insurance company as a condition of the loan✓ Correct
BAppraiser from an approved panel
CHome inspector for FHA loans
DFlood certification company
Explanation
RESPA prohibits lenders from requiring borrowers to use a specific title insurance company as a condition of the loan. This is an anti-kickback protection to ensure borrowers can shop for title insurance.
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