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Devon notices a compliance issue tied to third party and RESPA — Settlement Services. What is the best next step?

Correct Answer

C) Use the written provider-list rule for shoppable services

third-party settlement services must avoid referral fees and follow provider-list/tolerance rules. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Use the written provider-list rule for shoppable services".

Answer Options
A
Rely on sales practice rather than required verification, disclosure, or documentation.
B
Use a manager exception instead of the required federal mortgage rule.
C
Use the written provider-list rule for shoppable services
D
Treat the requirement as satisfied by experience rather than the rule that governs the file.

Why This Is the Correct Answer

third-party settlement services must avoid referral fees and follow provider-list/tolerance rules. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Use the written provider-list rule for shoppable services".

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