Why are kickbacks prohibited under RESPA

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Reference no: EM132194964

1. Why are kickbacks prohibited under RESPA?

2. What is the purpose of the Truth-in-Lending Act?

3. What is the purpose of the right of rescission under the Truth-in-Lending Act?

4. What residential loans are exempt from the right of rescission under the Truth-in-Lending Act?

Answers long and in depth as possible please.

Reference no: EM132194964

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