Step-by-step walkthrough of the Real Estate Settlement Procedures Act (RESPA) for the NMLS exam. In this breakdown, I cover the purpose of RESPA, important disclosures, Sections 8-10, and the enforcement rules that often trip up people taking the test. Get NMLS exam flashcards for the SAFE MLO test at: 📘 Chapters: 00:00 - NMLS Exam Prep Overview 03:48 - RESPA and Regulation X 06:11 - Purpose, History, and Objectives 10:23 - Transactions Covered by RESPA 12:35 - Disclosures, Section 8, 9, and 10 24:08 - Enforcement and Penalties 30:26 - Vocabulary Flashcards 36:51 - Practice Questions Now that you know more about RESPA, learn about TRID and TILA, which are 2 equally important acronyms to study for the NMLS exam: #RESPA #NMLS