Đạo đứcCâu 318 / 400
Which of the following payments is generally PERMITTED under RESPA Section 8?
a.Payment for goods or services actually furnished at a reasonable market value
b.A fee paid solely for referring a borrower to a title company
c.A kickback split between two providers for steering business
d.A gift card to a real estate agent for each closed referral
Giải thích
RESPA Section 8 permits payments for goods or services actually provided at their reasonable market value. Fees solely for referrals, kickback splits, and gifts tied to referrals are all prohibited because they pay for the referral rather than a bona fide service.
Trích dẫn luật: RESPA Section 8Luyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A loan officer leaves printed loan applications containing Social Security numbers on an unlocked desk overnight in a shared building. This most directly violates:
- Under GLBA, before a financial institution shares a consumer's NPI with certain nonaffiliated third parties, the consumer generally must be given:
- A title company pays a mortgage broker $200 for each loan referred to it, with no service performed in return. Under RESPA Section 8, this payment is:
- RESPA Section 8's anti-kickback provisions apply to referrals of business involving:
- A loan officer's brother owns the appraisal company being used on the officer's own borrower's loan. The most ethical action is to:
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