§ 1026.43 Minimum standards for transactions secured by a dwelling.
(C) A negative amortization loan, as defined in § 1026.18(s)(7)(v), using:
- 1026 (Regulation Z)
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(C) A negative amortization loan, as defined in § 1026.18(s)(7)(v), using:
(B) An interest-only loan, as defined in § 1026.18(s)(7)(iv); or
(C) Is not a higher-priced mortgage loan, as defined in § 1026.35(a).
(ii) Whether the interest rates applicable to the loan are fixed or variable.
A loan secured by a mechanic's tools to pay a child's tuition.
Inspection and handling fees for the staged disbursement of construction-loan proceeds.
Escrow of loan proceeds to be released when the repairs are completed.
The consumer in bankruptcy reaffirms personal liability for the mortgage loan; or
A loan for the purchase of a home that has yet to be constructed, or a loan to purchase a home under
Scope of records of loan originator compensation.
Charges not retained by the creditor, loan originator, or an affiliate of either.
of § 1026.36, with respect to a particular transaction, the term “mortgage broker” refers to a loan
required by this section if it sells, assigns or otherwise transfers all of its interest in the mortgage loan
If the balance of a mortgage loan has been accelerated but the servicer will accept a lesser amount to
Assume a loan that provides for regular monthly payments and a balloon payment due at the end of a six-year
Assume a loan that provides for regular monthly payments and a balloon payment due at the end of a five-year
through the Nationwide Mortgage Licensing System and Registry (NMLSR) or, in the case of an individual loan
a percentage, and the following statement: “The total amount of interest that you will pay over the loan
A creditor shall not make a loan that is a covered transaction unless the creditor makes a reasonable
A statement that if the loan is approved, the terms of the loan will be available and will not change
default when the creditor or mortgage broker advises the consumer to stop making payments on an existing loan
A loan originator that satisfies § 1026.36(e)(2) is deemed to comply with § 1026.36(e)(1).
A person may become a covered person by acquiring a partial interest in the mortgage loan.
statement of intention that provides, as applicable, for the maintenance of payments due under the mortgage loan
A consumer makes a partial or periodic payment on the mortgage loan despite the consumer in bankruptcy