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Section 6 of the Act requires a "lender" to provide a copy of the special information booklet at the time a person applies for a mortgage loan. Is a mortgage "broker" that is not also a licensed lender required to provide the booklet?

The Act requires that the special information booklet described in 12 CFR 1024.6, issued under the authority of the Real Estate Settlement Procedures Act of 1974 (RESPA), Public Law 93-533, be given at the time of application. It is the opinion of the Director that, taken in context, Section 6 of the Act applies to brokers of mortgage loans that are not otherwise lenders.