Comment for 1026.35 - Requirements for Higher-Priced Mortgage Loans
assets of less than $2,052,000,000 on December 31, 2015, satisfied this criterion for purposes of any loan
- 1026 (Regulation Z)
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assets of less than $2,052,000,000 on December 31, 2015, satisfied this criterion for purposes of any loan
assets of less than $2,069,000,000 on December 31, 2016, satisfied this criterion for purposes of any loan
The only charges that are loan costs that are subtotaled pursuant to § 1026.38(f)(5) are those costs
1026.39 does not apply to a party that acquires only a beneficial interest or a security interest in the loan
If the construction and permanent financing are disclosed as a single transaction, the loan term disclosed
(f) Student loan programs.
(3) The maximum interest rate that may apply during the life of the loan and the earliest date on which
(C) The annual percentage rate for the loan.
There is any action or inaction by the consumer that adversely affects the creditor's security for the loan
ii) Under the subheading “Final,” the actual amount of the closing costs that are to be paid out of loan
If an acquisition involves multiple covered persons who jointly acquire the loan, a single disclosure
covered person is not subject to the requirements of this section with respect to a particular mortgage loan
calendar day period described in paragraph (c)(1) of this section if the consumer has not accepted the loan
The term “loan originator” includes employees, agents, and contractors of a creditor as well as employees
The consumer defaulted on the loan a short time after consummation or, for an adjustable-rate, interest-only
The consumer requests an additional $4,000 loan to be covered by the same insurance plan.
If, under the terms of the legal obligation, repayment of the loan is required when the refund is received
The loan was not a residential mortgage transaction as to that consumer.
listed under § 1026.37(g)(1) are fees assessed by a government authority to record and index the loan
A mortgage loan might be acquired by a covered person and subsequently transferred to another entity
A “promotional period” means a period of time, less than the full term of the loan, that the promotional
paragraph (b)(6)(i) of this section, that may be charged or collected under the terms of the mortgage loan
(C) A loan that meets the criteria set forth in §§ 1026.43(f)(1)(i) through (vi) and 1026.43(f)
For purposes of this section, a mortgage broker with respect to a particular transaction is any loan
Amount Financed,” using that term and expressed as a dollar amount, and the following statement: “The loan