Comment for 1026.19 - Certain Mortgage and Variable-Rate Transactions
Affiliate.
- 1026 (Regulation Z)
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Affiliate.
(iii) Affiliate.
A person that can extend credit through a separate credit feature or its affiliate has an arrangement
(A) Is an employee or affiliate of the creditor; or
(C) The charge is not paid to an affiliate of the creditor;
(C) The charge is not paid to an affiliate of the creditor;
Fees paid to an affiliate of the creditor or a mortgage broker.
(D) Neither the creditor nor its affiliate maintains an escrow account of the type described in paragraph
A servicer services 3,000 mortgage loans, all of which it or an affiliate owns or originated.
or its affiliates) that can extend credit through a separate credit feature where the person or its affiliate
(2) The separate credit feature is offered by the prepaid account issuer, its affiliate, or its business
In-person payments at affiliate of card issuer.
activities where those amounts are not retained by the loan originator but are paid to the creditor, its affiliate
prepaid account issuer if the person that can extend credit, its service provider, or the person’s affiliate
of this section, a person that can extend credit through a separate credit feature or the person’s affiliate
as credit reports, where those amounts are passed on to a third party that is not the creditor, its affiliate
(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor
However, if the amount is charged to the card issuer by an affiliate or subsidiary of the card issuer
Charges not retained by the creditor, loan originator, or an affiliate of either.
1026.35(b)(2)(iii)(C), in addition to the creditor's assets, only the assets of a creditor's “affiliate
, together with any affiliates, 5,000 or fewer mortgage loans, for all of which the servicer (or an affiliate
(1) Disclosures required by state or Federal law, such as affiliate marketing notices, privacy policies
(A) Mortgage loans voluntarily serviced by the servicer for a non-affiliate of the servicer and for which
valuations or performing valuation management functions, or based solely on the fact that the person's affiliate
A payment received by an affiliate of a loan originator organization for bona fide and reasonable charges