Who enforces RESPA?

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Multiple Choice

Who enforces RESPA?

Explanation:
RESPA is enforced by the Consumer Financial Protection Bureau. After the Dodd-Frank Act, the CFPB took primary enforcement and rulemaking authority for RESPA (Regulation X), standardizing how mortgage settlement disclosures are overseen nationwide. While regulators like the OCC and FDIC oversee the institutions they supervise and can enforce RESPA for those banks, they are not the universal enforcers of RESPA across all lenders. HUD used to handle RESPA enforcement, but real enforcement and supervision have since shifted to the CFPB. So the best answer is the CFPB.

RESPA is enforced by the Consumer Financial Protection Bureau. After the Dodd-Frank Act, the CFPB took primary enforcement and rulemaking authority for RESPA (Regulation X), standardizing how mortgage settlement disclosures are overseen nationwide. While regulators like the OCC and FDIC oversee the institutions they supervise and can enforce RESPA for those banks, they are not the universal enforcers of RESPA across all lenders. HUD used to handle RESPA enforcement, but real enforcement and supervision have since shifted to the CFPB. So the best answer is the CFPB.

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