The real estate settlement procedures act

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The Real Estate Settlement Procedures Act (RESPA)

allows lenders to accept kickbacks that are from blood relatives.

encourages lenders to take kickbacks to increase yield.

prohibits lenders from taking kickbacks or unearned fees.

allows lenders to accept kickbacks that are less than $100.

What clause is sometimes inserted in a mortgage note in which the lender waives the right to a deficiency judgment?

An exculpatory clause

A reversal clause

An impound clause

A disintermediation clause

There are ____ sections in a township and each section is ______.

12, ten square miles

24, six square miles

36, one square mile

48, one square kilometer

Reference no: EM132207226

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