Which Regulation Letter applies to RESPA?

• A. Regulation X
• B. Regulation Z
• C. Regulation Y
• D. Regulation D

Answer: (A)

RESPA is implemented by Regulation X. Regulation X, historically issued by HUD and now enforced by the CFPB, governs the real estate settlement process, including required disclosures and prohibitions on kickbacks and unearned fees in federally related mortgage transactions. The other regulations pertain to other laws: Regulation Z is Truth in Lending Act disclosures (like the APR and terms), Regulation D covers reserve requirements for banks, and Regulation Y deals with mortgage-lending supervision under ECOA. So Regulation X is the regulation that applies to RESPA.