§ 1024.14 Prohibition against kickbacks and unearned fees.
brokerage capacity, and has no applicability to any fee arrangements between real estate brokers and mortgage
- 1024 (Regulation X)
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brokerage capacity, and has no applicability to any fee arrangements between real estate brokers and mortgage
taking into account at least one of the following: The ratio of total current obligations, including any mortgage-related
A fee charged by a mortgage broker is excluded from the finance charge if it is the type of fee that
Method of paying private mortgage insurance premiums.
(3) The mortgage broker is not required to provide the applicant with a GFE if, before the end of the
to apply an accepted payment to principal, interest, escrow, or other charges under the terms of the mortgage
(1) A mortgage, deed of trust, or equivalent consensual security interest securing one or more advances
ceases to qualify for an exemption pursuant to paragraph (e)(5)(i) of this section with respect to a mortgage
subsidiaries (collectively referred to in this part as savings associations), and their employees who act as mortgage
Under § 1026.32(b)(1)(i)(C)(1), private mortgage insurance premiums payable after consummation are
Mortgage transactions covered.
must be based on the fully indexed rate as of the date of the written application for the standard mortgage
4(G) illustrates the interest rate and payment summary table required under § 1026.18(s) for a mortgage
Model H-4(J) illustrates the balloon payment disclosure required by § 1026.18(s)(5) for a mortgage
If a government entity subsidizes the mortgage payments either through direct payments or tax rebates
Either type of subsidy may be added to gross income, or used directly to offset the mortgage payment,
(2) A lender approved by the Secretary of Housing and Urban Development for participation in any mortgage
(1) A closed-end mortgage loan or open-end line of credit originated or purchased by a financial institution
(1) If an alternative mortgage transaction is subject to 12 CFR 226.32, the creditor must comply with
A new open-end line of credit that satisfies and replaces an existing closed-end mortgage loan is a refinancing
The creditor and its affiliates do not maintain an escrow account for any mortgage transaction being
Section 1026.43(b)(8) defines mortgage-related obligations to include special assessments imposed by
(i) Explain the effect of any release provisions of any blanket encumbrance, mortgage or lien and include
(ii) The Federal Agricultural Mortgage Corporation or any entity chartered and operating under the Farm
(B) The Federal Agricultural Mortgage Corporation or any entity chartered and operating under the Farm