Escrow & Title
RESPA (Real Estate Settlement Procedures Act) prohibits:
ABuyers from obtaining title insurance
BKickbacks and referral fees between settlement service providers✓ Correct
CSellers from paying closing costs
DThe use of escrow accounts
Explanation
RESPA prohibits kickbacks and unearned referral fees between settlement service providers (e.g., between a lender and a title company or attorney). It is designed to protect consumers from unnecessarily high settlement costs.
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