§ 1026.41 Periodic statements for residential mortgage loans.
(A) Services, together with any affiliates, 5,000 or fewer mortgage loans, for all of which the servicer
- 1026 (Regulation Z)
Search for terms in the sections, interpretations, and appendices in the Bureau regulations we currently have online.
(A) Services, together with any affiliates, 5,000 or fewer mortgage loans, for all of which the servicer
(i) Present the mortgage broker an alternative covered transaction without a prepayment penalty that
Charges imposed in connection with residential mortgage transactions or real estate transactions such
interest rate and payment summary table required under § 1026.18(s) for a fixed-rate, interest-only mortgage
(e) Covered loan means a closed-end mortgage loan or an open-end line of credit that is not an excluded
New York State consolidation, extension, and modification agreement and classified as a supplemental mortgage
A closed-end mortgage loan or an open-end line of credit that satisfies and replaces one or more existing
During the 60-day period beginning on the effective date of transfer of the servicing of any mortgage
ii) of this section, as applicable, incurred by the consumer if the consumer refinances the existing mortgage
A creditor shall not extend a high-cost mortgage to a consumer unless the creditor receives written certification
Also referred to as payment-escalated mortgages, these mortgage plans involve scheduled payment increases
finance charge computed by application of a rate to the unpaid balance (for example, mortgages with mortgage-guarantee
1) requires creditors to establish an escrow account for payment of property taxes and premiums for mortgage-related
appraisal copy be provided three business days before consummation, does not apply to higher-priced mortgage
the term “homeowner's insurance” means the amounts identified in § 1026.4(b)(8); and the term “mortgage
Section 1003.2(d) defines a closed-end mortgage loan as an extension of credit that is secured by a lien
(4) The mortgage broker is not permitted to charge, as a condition for providing a GFE, any fee for an
If a mortgage loan has a billing cycle shorter than a period of 31 days (for example, a bi-weekly billing
(b) For an individual who was permitted to perform residential mortgage loan originations under state
If the lender, mortgage broker who anticipates using table funding, or dealer in a first lien dealer
For closed-end mortgage transactions that are not subject to RESPA, the counseling certification must
including inspections required by applicable law or any inspections required by the sales contract or mortgage
(3) A servicer with respect to any mortgage loan for which the servicer is a qualified lender as that
(3) Failure to credit a payment to a borrower's mortgage loan account as of the date of receipt in violation
and documents in response to the borrower's requests for information with respect to the borrower's mortgage