A mortgage broker pays for title services on behalf of a developer. In return, the developer agrees to refer prospective buyers to the mortgage broker. Who has violated RESPA?
a. The mortgage broker
b. The developer
c. Both the mortgage broker and the developer
d. Neither the broker nor the developer
Ans: c. Both the mortgage broker and the developer
You might also like to view...
Employees whose main contribution to the organization is specialized knowledge, such as knowledge of customers, a process, or a profession, are
a. technical specialists. b. college or university graduates. c. knowledge workers. d. HR professionals. e. generalists.
Which of the following is the best way to end a feedback session?
a. "I am available to help you. What can I do to help you succeed?" b. "I'm sorry to have to cut this meeting short, but I have to pick up my suits at the cleaners." c. "If you repeat this performance you will be fired." d. "Why did I ever hire you?"