Exam (elaborations)
NMLS - Federal Law| 99 QUESTIONS| WITH COMPLETE SOLUTIONS
- Course
- Institution
What are the penalties for violation of RESPA/Section 8? Correct Answer: Section 8 of RESPA prohibits referral fees and other forms of kickbacks/fee splitting. Penalties includes fines of up to $10,000 and up to one year in prison. Disclosures due within three business days of loan application....
[Show more]