Cora Roth received her GFE for closing costs of $2,316. When she closes on her new home, the closing costs are $2,398.
A) There is no violation of RESPA because the actual costs were within 10% of the estimate.
B) There is no violation of RESPA because the actual costs were within 5% of the estimate.
C) There is a violation of RESPA because the actual costs were not within 1% of the estimate.
D) There is no way of determining whether there was a violation of RESPA from the facts given.
Correct Answer:
Verified
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