RESPA's core focus is best described as which of the following?

• A. Regulation of property taxes
• B. Disclosure of closing information and kickbacks at closings
• C. Zoning and land use
• D. Insurance disclosures

Answer: (B)

Real estate settlement procedures act is all about making the costs of obtaining a mortgage and the settlement process clear to the consumer and preventing improper payments tied to closings. The best description is that RESPA requires disclosure of closing information and prohibits kickbacks at closings. It’s designed so buyers can compare settlement charges and providers, while lenders and settlement services cannot pay or receive unearned fees for referrals. That focus on clear closing disclosures and anti-kickback protections is what RESPA is about. It doesn’t regulate property taxes, zoning and land use, or insurance disclosures, which are handled by other laws and authorities.