RESPA has three specific objectives. Which of the following is NOT one of those objectives?
A) More effective advance disclosure of settlement costs
B) More informative of the cost of credit
C) Elimination of kickbacks and unearned fees
D) A reduction in the amount of escrow placed in accounts for homeowners
Correct Answer:
Verified
Q10: RESPA requires a lender to disclose good
Q18: To protect themselves from loss due to
Q20: A conforming loan:
A) Exceeds the loan limits
Q21: An escrow account:
A) Ensures that a default
Q23: Payment to income ratio is BEST described
Q26: The APR estimate must be accurate only
Q27: Which of the following is typically NOT
Q32: Which of the following is typically NOT
Q34: Which of the following is NOT typically
Q38: Which of the following groups customarily does
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