The federal authority to enforce RESPA is the responsibility of which agency?

• A. Consumer Financial Protection Bureau
• B. HUD
• C. Federal Trade Commission
• D. Federal Reserve

Answer: (A)

RESPA focuses on protecting consumers in real estate settlement processes, and the federal enforcement of those provisions is handled by the Consumer Financial Protection Bureau. This agency was given authority to enforce RESPA as part of strengthening protections for mortgage borrowers and to oversee disclosures and anti-kickback rules within settlement services. While HUD historically administered RESPA, the enforcement role for most RESPA provisions now rests with the CFPB. The Federal Reserve and the FTC do not have primary enforcement authority over RESPA, with the Fed mainly handling monetary policy and banking oversight and the FTC focusing on other consumer protection statutes.