Which statement is NOT true regarding RESPA's requirement to provide a list of homeownership counselors?

The statement that the list of homeownership counselors may be no more than 60 days old is not true regarding RESPA's requirements. According to RESPA regulations, lenders must provide a current list of homeownership counselors to borrowers during the mortgage application process, but there is no specific requirement for the list to be dated or limited to 60 days old.

In the context of the other statements, the requirements emphasize the lender's obligation to provide accurate and timely information to borrowers. The list must be sourced from the appropriate entities like the CFPB or HUD, ensuring that it is reliable and relevant. Furthermore, it is indeed the lender's responsibility to ensure that the applicant receives this list, emphasizing their role in facilitating access to counseling services that can aid in the home buying process. The exemption for reverse mortgage transactions and timeshare plans also highlights specific scenarios where these requirements do not apply, further clarifying the scope of RESPA’s provisions.