Which item is not a RESPA disclosure?

Which item is not a RESPA disclosure?

• A. APR
• B. Loan Estimate (LE)
• C. Closing Disclosure (CD)
• D. Servicing Transfer Notice

Answer: (A)

The key idea is distinguishing RESPA disclosures from other federal disclosures. RESPA focuses on settlement costs and servicing information, so the required items include the Loan Estimate, the Closing Disclosure, and a Servicing Transfer Disclosure. The annual percentage rate (APR) is a Truth in Lending Act (TILA) disclosure, not a stand-alone RESPA disclosure. While the APR must be shown on the loan disclosures under TRID (and appears on the LE and CD), it is not itself a RESPA item. So the item that is not a RESPA disclosure is the APR.

The key idea is distinguishing RESPA disclosures from other federal disclosures. RESPA focuses on settlement costs and servicing information, so the required items include the Loan Estimate, the Closing Disclosure, and a Servicing Transfer Disclosure. The annual percentage rate (APR) is a Truth in Lending Act (TILA) disclosure, not a stand-alone RESPA disclosure. While the APR must be shown on the loan disclosures under TRID (and appears on the LE and CD), it is not itself a RESPA item. So the item that is not a RESPA disclosure is the APR.