Comment for 1026.43 - Minimum Standards for Transactions Secured by a Dwelling
payment obligation for a simultaneous loan as set forth in § 1026.43(c)(5), taking into account any mortgage-related
- 1026 (Regulation Z)
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payment obligation for a simultaneous loan as set forth in § 1026.43(c)(5), taking into account any mortgage-related
Step-rate mortgage.
Section 1026.43(b)(8) defines mortgage-related obligations to include obligations owed to a condominium
advance: $301.80 Initial draw: $1,000 Line of credit: $4,000 Initial Loan Charges Closing costs: $5,000 Mortgage
(vi) A statement that the transfer of servicing does not affect any term or condition of the mortgage
(iv) To the extent applicable, a report of the data fields relating to the borrower's mortgage loan account
(2) The procedures set forth in §§ 1024.39 through 1024.41 of this subpart only apply to a mortgage
5)(ii) of this section, a servicer is exempt from the requirements of this section with regard to a mortgage
or after the date on which the creditor receives the consumer's written application for the standard mortgage
(a) The covered financial institution shall make the unique identifier(s) of its registered mortgage
(vi) Communicating on behalf of a mortgage loan originator that a written offer has been sent to a borrower
(2) Rendering of services by a mortgage broker (including counseling, taking of applications, obtaining
netting any remaining funds in an escrow account against the outstanding balance of the borrower's mortgage
The following fees in a transaction secured by real property or in a residential mortgage transaction
escrow account will be established, an estimate of the amount of taxes and insurance, including any mortgage
creditor must determine the consumer's repayment ability in connection with an open-end, high cost mortgage
For an open-end, high cost mortgage, a creditor is presumed to have complied with this paragraph (a)(
immediately preceding the creditor's receipt of the consumer's written application for the standard mortgage
subsidiaries (collectively referred to in this part as national banks), and their employees who act as mortgage
[H-24(F) Mortgage Loan Transaction Loan Estimate - Negative Amortization Sample Description: This is
(j) Home purchase loan means a closed-end mortgage loan or an open-end line of credit that is for the
A closed-end mortgage loan or an open-end line of credit to a corporation whose funds will be used primarily
Section 1026.43(b)(8) includes in the evaluation of mortgage-related obligations premiums and similar
Section 1026.43(g)(4)(ii) requires that the creditor provide, by agreement, for the mortgage broker to
In the case of a federally related mortgage loan involving an open-end line of credit (home-equity plan