Luật vay thế chấp liên bangCâu 86 / 400
Two loan officers agree that each will send the other's spouse's insurance agency referrals in exchange for cash per closed deal. Under RESPA, this reciprocal referral-for-fee agreement is:
a.A prohibited kickback arrangement
b.Allowed because it is reciprocal
c.Allowed because both are licensed
d.Allowed if under $1,000 per year
Giải thích
RESPA Section 8 prohibits any agreement or understanding to refer settlement service business in exchange for a thing of value. Reciprocity, licensing, or a dollar threshold does not make the arrangement legal; paying per referral is exactly what the statute forbids. Only payment for services actually performed at reasonable value is allowed.
Trích dẫn luật: Real Estate Settlement Procedures Act (RESPA Section 8)Luyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
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