Comment for 1026.37 - Content of Disclosures for Certain Mortgage Transactions (Loan Estimate)
“Mortgage insurance or any functional equivalent” means the amounts identified in § 1026.4(b)(5)
- 1026 (Regulation Z)
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“Mortgage insurance or any functional equivalent” means the amounts identified in § 1026.4(b)(5)
Mortgage insurance:
A servicer services 3,000 mortgage loans, all of which it or an affiliate owns or originated.
Exemption From Contingent Liability Policy on Mortgage Assumptions.
Mortgage-related obligations.
(B) If a mortgage broker provides any disclosure under § 1026.19(e), the mortgage broker shall
(A) The qualified mortgage is sold, assigned, or otherwise transferred to another person three years
Mortgage brokers.
(ii) Mortgage broker.
Mortgage insurance premium:
For example, a consumer might assume a paid-down first mortgage (or borrow part of the purchase price
(ii) A qualified mortgage extended pursuant to paragraph (e)(5)(i) of this section immediately loses
(iii) The creditor receives the consumer's written application for the standard mortgage no later than
For purposes of § 1026.43(c)(2)(v), the creditor may divide the recurring payments for mortgage-related
(B) Reverse mortgage transactions.
H-16—Mortgage Sample
B. 30-year mortgage.
Mortgage insurance premiums;
Mortgage Credit Certificates.
A mortgage; or
A creditor may not sell or otherwise assign a high-cost mortgage without furnishing the following statement
Payments by a mortgage broker to its individual loan originator employee.
To calculate the non-standard mortgage payment that must be compared to the standard mortgage payment
To calculate the non-standard mortgage payment that must be compared to the standard mortgage payment
To calculate the non-standard mortgage payment that must be compared to the standard mortgage payment