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Casey notices a compliance issue tied to RESPA Settlement Procedures. What is the best next step?

Correct Answer

D) Confirm the required closing disclosure timing

Closing requires correct disclosures, title documents, signatures, and settlement charges before consummation. The best answer is "Confirm the required closing disclosure timing".

Answer Options
A
Apply a different loan-program rule without checking the file facts.
B
Ignore product, occupancy, LTV, or eligibility limits because the borrower prefers the loan.
C
Use the same treatment for all mortgage products without comparing program requirements.
D
Confirm the required closing disclosure timing

Why This Is the Correct Answer

Closing requires correct disclosures, title documents, signatures, and settlement charges before consummation. The best answer is "Confirm the required closing disclosure timing".

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