Which of the following is NOT included in RESPA regulations?

The correct answer is that commercial loans are not included in RESPA regulations. The Real Estate Settlement Procedures Act (RESPA) primarily focuses on residential mortgage loans, which encompass home purchase loans, refinancing loans, and home equity loans. These regulations are designed to ensure that consumers receive important disclosures about the costs associated with these loans and to protect them from abusive practices during the settlement process.

Commercial loans, on the other hand, are generally used for business purposes and do not fall under the scope of RESPA. This distinction is crucial in understanding the regulatory framework, as RESPA aims to promote transparency and fair practices in residential lending while commercial transactions are subject to different regulations and standards that do not include the same consumer protections as RESPA. Therefore, the exclusion of commercial loans aligns with the specific focus of RESPA on residential properties and transactions.