source:
  type: regulation
  id: respa-12usc-2602
  authority: RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.) § 2602 — Definitions
  description: 'RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.), §2602 Definitions. Captured section-complete
    from Cornell LII (verbatim).

    '
obligations:
- id: respa-12usc-2602-full
  canonical_id: respa-12usc-2602-full
  section: 12 U.S.C. §2602
  description: 'Definitions: For purposes of this chapter— (1) the term “ federally related mortgage loan ” includes
    any loan (other than temporary financing such as a construction loan) which— (A) is secured by a first or subordinate
    lien on residential real property (including individual units of condominiums and cooperatives…'
  type: definition
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.) § 2602
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/12/2602
    snapshot_id: 15f3b653fec13ae0
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:7e7c9da6d0a861d065c63f60c0dd08dc53acbcb60e99e25772de47e3121b46e6
    paragraph_quote: For purposes of this chapter— (1) the term “ federally related mortgage loan ” includes any
      loan (other than temporary financing such as a construction loan) which— (A) is secured by a first or subordinate
      lien on residential real property (including individual units of condominiums and cooperatives) designed principally
      for the occupancy of from one to four families, including any such secured loan, the proceeds of which are
      used to prepay or pay off an existing loan secured by the same property; and (B)
    drafter_attestation: Verbatim slice of 12 U.S.C. §2602 from Cornell LII snapshot 15f3b653fec13ae0; body isolated
      between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: respa-12usc-2602-i
  canonical_id: respa-12usc-2602-i
  section: 12 U.S.C. §2602(i)
  description: 'Definitions — (i): (i) is made in whole or in part by any lender the deposits or accounts of which
    are insured by any agency of the Federal Government, or is made in whole or in part by any lender which is regulated
    by any agency of the Federal Government, or (ii) is made in whole or in part, or insured, guaranteed, s…'
  type: definition
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: RESPA (Real Estate Settlement Procedures Act, 12 U.S.C.) § 2602
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/12/2602
    snapshot_id: 15f3b653fec13ae0
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:7e7c9da6d0a861d065c63f60c0dd08dc53acbcb60e99e25772de47e3121b46e6
    paragraph_quote: '(i) is made in whole or in part by any lender the deposits or accounts of which are insured
      by any agency of the Federal Government, or is made in whole or in part by any lender which is regulated by
      any agency of the Federal Government, or (ii) is made in whole or in part, or insured, guaranteed, supplemented,
      or assisted in any way, by the Secretary or any other officer or agency of the Federal Government or under
      or in connection with a housing or urban development program administered by the Secretary or a housing or
      related program administered by any other such officer or agency; or (iii) is intended to be sold by the originating
      lender to the Federal National Mortgage Association, the Government National Mortgage Association, the Federal
      Home Loan Mortgage Corporation, or a financial institution from which it is to be purchased by the Federal
      Home Loan Mortgage Corporation; or (iv) is made in whole or in part by any “creditor”, as defined in section
      1602(f) [1] of title 15, who makes or invests in residential real estate loans aggregating more than $1,000,000
      per year, except that for the purpose of this chapter, the term “creditor” does not include any agency or
      instrumentality of any State; (2) the term “ thing of value ” includes any payment, advance, funds, loan,
      service, or other consideration; (3) the term “ Settlement services ” includes any service provided in connection
      with a real estate settlement including, but not limited to, the following: title searches, title examinations,
      the provision of title certificates, title insurance, services rendered by an attorney, the preparation of
      documents, property surveys, the rendering of credit reports or appraisals, pest and fungus inspections, services
      rendered by a real estate agent or broker, the origination of a federally related mortgage loan (including,
      but not limited to, the taking of loan applications, loan processing, and the underwriting and funding of
      loans), and the handling of the processing, and closing or settlement; (4) the term “ title company ” means
      any institution which is qualified to issue title insurance, directly or through its agents, and also refers
      to any duly authorized agent of a title company ; (5) the term “ person ” includes individuals, corporations,
      associations, partnerships, and trusts; (6) the term “ Secretary ” means the Secretary of Housing and Urban
      Development; (7) the term “ affiliated business arrangement ” means an arrangement in which (A) a person who
      is in a position to refer business incident to or a part of a real estate settlement service involving a federally
      related mortgage loan, or an associate of such person, has either an affiliate relationship with or a direct
      or beneficial ownership interest of more than 1 percent in a provider of settlement services; and (B) either
      of such persons directly or indirectly refers such business to that provider or affirmatively influences the
      selection of that provider; (8) the term “ associate ” means one who has one or more of the following relationships
      with a person in a position to refer settlement business: (A) a spouse, parent, or child of such person; (B)
      a corporation or business entity that controls, is controlled by, or is under common control with such person;
      (C) an employer, officer, director, partner, franchisor, or franchisee of such person; or (D) anyone who has
      an agreement, arrangement, or understanding, with such person, the purpose or substantial effect of which
      is to enable the person in a position to refer settlement business to benefit financially from the referrals
      of such business; and (9) the term “ Bureau ” means the Bureau of Consumer Financial Protection. ( Pub. L.
      93–533, § 3 , Dec. 22, 1974 , 88 Stat. 1724 ; Pub. L. 94–205, § 2 , Jan. 2, 1976 , 89 Stat. 1157 ; Pub. L.
      98–181, title I [title IV, § 461(a)], Nov. 30, 1983 , 97 Stat. 1230 ; Pub. L. 102–550, title IX, § 908(a)
      , (b), Oct. 28, 1992 , 106 Stat. 3873 , 3874; Pub. L. 104–208, div. A, title II, § 2103(c)(1) , Sept. 30,
      1996 , 110 Stat. 3009–400 ; Pub. L. 111–203, title X, § 1098(1) , July 21, 2010 , 124 Stat. 2103 .) [1] See
      References in Text note below.'
    drafter_attestation: Verbatim slice of 12 U.S.C. §2602 subsection (i) from Cornell LII snapshot 15f3b653fec13ae0;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
