Question

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

Answer 1

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.