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RESPA requires the following disclosures after settlement:

-an annual escrow loan statement summarizing the years deposits and payments
-an exact amortization schedule
-a servicing transfer statement if the servicing rights are transferred
-a & c

1 Answer

4 votes

Final answer:

RESPA requires certain disclosures after settlement, including an annual escrow loan statement, an exact amortization schedule, and a servicing transfer statement if the servicing rights are transferred.

Step-by-step explanation:

RESPA, which stands for Real Estate Settlement Procedures Act, requires certain disclosures after settlement. These include:

  1. An annual escrow loan statement summarizing the year's deposits and payments
  2. An exact amortization schedule
  3. A servicing transfer statement if the servicing rights are transferred

Therefore, the correct answer is a & c.

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