Comment for 1026.35 - Requirements for Higher-Priced Mortgage Loans
Before extending a higher-priced mortgage loan subject to the appraisal requirements of § 1026.35
- 1026 (Regulation Z)
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Before extending a higher-priced mortgage loan subject to the appraisal requirements of § 1026.35
In a loan that contains a negative amortization feature, periodic principal and interest payments or
A creditor makes the disclosures required by § 1026.37(f) and comment 37(f)-3 for construction loan
the end of the label for the item include only items that are separate from any item disclosed on the Loan
requires the disclosure of a license number or unique identifier for the creditor, mortgage broker, and loan
receives evidence demonstrating that the borrower lacked hazard insurance coverage in compliance with the loan
amount of payments to third parties not otherwise disclosed under § 1026.38(f) and (g) from the loan
Borrower” to be disclosed under § 1026.38(i)(6)(ii) is determined by subtracting the sum of the loan
For a transaction that is not a federally related mortgage loan, the creditor is not required to use
For example, a covered person may provide a disclosure on March 31 stating that it acquired the loan
For example, if a servicer offers trial loan modification programs to all borrowers who become 150 days
Assume a loan is consummated on October 15, 2015, that the consumer's periodic payment is due on the
If, under the terms of the legal obligation, repayment of the loan is required when the certain funds
The surviving or newly formed institution meets the loan threshold described in § 1003.2(g)(1)(v
and (a)(15), (16), (17), (27), (33), and (35)), it also must report all other data for the covered loan
For example, in the case of a financial institution's annual loan/application register submission made
For example, in the case of a financial institution's annual loan/application register submission made
application with the AUS of Securitizer B, but the financial institution ultimately originates a covered loan
of credit that provides a result regarding the credit risk of the applicant and whether the covered loan
Where the finance charge imposed during the billing cycle is or includes a loan fee, points, or similar
occurring every 60 days or more frequently and for ARMs originated prior to January 10, 2015 in which the loan
Under § 1041.6(a), the lender must determine prior to making a covered short-term loan under §
In certain ARM transactions, the interval between loan closing and the initial adjustment is not known
the three-business-day period by, for instance, informing the creditor that he intends to take out a loan
under the terms of the legal obligation, such as a balloon payment due at the scheduled recast of a loan