82 Upon receipt of commission earned from a closed purchase loan, the mortgage loan originator sends the realtor a bottle of wine and a gift card to a local restaurant which of the the following regulations does this action violate? A) Violation of the Fair Housing Act B) Violation of the Truth in Lending Act (TILA) C) Violation of the Equal Credit Opportunity Act (ECOA) D) Violation of the Real Estate Settlement Procedures Act (RESPA)

82 Upon receipt of commission earned from a closed purchase loan, the mortgage loan originator sends the realtor a bottle of wine and a gift card to a local restaurant which of the the following regulations does this action violate? A) Violation of the Fair Housing Act B) Violation of the Truth in Lending Act (TILA) C) Violation of the Equal Credit Opportunity Act (ECOA) D) Violation of the Real Estate Settlement Procedures Act (RESPA)

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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