Which of the following is NOT regulated by RESPA?

The correct answer is A, as racial discrimination falls under different federal laws such as the Fair Housing Act and the Equal Credit Opportunity Act rather than the Real Estate Settlement Procedures Act (RESPA). RESPA is specifically designed to address issues related to the real estate settlement process, such as ensuring transparency about the costs involved in closing a mortgage and preventing abusive practices that may arise during the transaction.

RESPA includes regulations concerning kickbacks, which are prohibited payments or conduits for receiving referrals in order to safeguard consumers from inflated costs. It also governs escrow accounts, focusing on how they should be managed and the disclosures lenders must provide concerning those accounts. Additionally, RESPA regulates the timing of closing disclosures to ensure that borrowers receive necessary information in a timely manner to make informed decisions. Understanding this legal framework is essential for mortgage professionals to operate within the bounds of the law and protect consumer interests.