Loans from some lenders must comply with the Real Estate Settlement Procedures Act. When the loan is secured by residential real property, and contains 1-to-4 residential units, the loan must comply with the RESPA regulations if the loan is made by:

A: The seller of the property who carries back a note secured by a first deed of trust as part of the purchase price;
B: A private lender who loans personal funds through a licensed real estate broker;
C: Lenders whose deposits are insured by an agency of the federal government;
D: Any of the above.

Answer: C: Lenders whose deposits are insured by an agency of the federal government;