A titlle agency pays a kickback to a lender for referring one of the lenders recent loan customers to them. This would be a violation of:

A. Truth in Lending Act
B. Real Estate Settlement Procedure Act
C. usary laws
D. Equal Credit Opportunity Act

Answer: B. Real Estate Settlement Procedure Act

Business

You might also like to view...

The financial metric of return on equity has owner's equity as its basis

Indicate whether the statement is true or false

Business

Lawyers and judges typically use analogies ________

A) to maximize costs for trials B) for critical legal reasoning C) as substitutes for the facts of the case D) to compare the facts of legal precedents to the facts of the case at hand

Business