Appendix A: Comment for 1004.4 Requirements for Alternative Mortgage Transactions
that do not seek preemption under § 1004.3 and federal housing creditors to make alternative mortgage
- 1004 (Regulation D)
Search for terms in the sections, interpretations, and appendices in the Bureau regulations we currently have online.
that do not seek preemption under § 1004.3 and federal housing creditors to make alternative mortgage
multifamily dwelling; an application or covered loan that is an open-end line of credit or a reverse mortgage
fails to respond to the financial institution's approval within the specified time, or the closed-end mortgage
permanent loan modification option is denied because of a requirement of an owner or assignee of a mortgage
the National Credit Union Administration may register under this rule provided that any Nationwide Mortgage
In that case, the transaction secured by the new dwelling is a residential mortgage transaction and is
In that case, the transaction secured by the new dwelling is a residential mortgage transaction and is
purposes of this subpart and § 1024.17, regardless of whether the successor in interest assumes the mortgage
, assume that a consumer pays to the creditor a $3,000 origination fee and that the creditor pays a mortgage
For example, where the applicant indicates on the application that there is a mortgage on the property
1) Except as otherwise provided in this section, not later than three business days after a lender, mortgage
If a transferee servicer acquires the servicing of a mortgage loan for which the borrower's time period
(B) A consumer indicates on an application for a $200,000 mortgage loan that she receives $15,000 in
creditor shall disclose the following statement, in writing, to a consumer who applies for a higher-priced mortgage
loan officer (labeled “Loan Officer” and “NMLS ID/License ID,” respectively) of the creditor and the mortgage
a borrower to enforce the terms of any agreement between a servicer and the owner or assignee of a mortgage
that the release provisions are recorded and that the lot purchaser may pay the release price of the mortgage
The creditor is free to impose the fee in only certain of its loan programs, such as mortgage loans.
Since some mortgage plans contain limits on the amount of the payment adjustment, the disclosures required
or the finance charge, as well as real estate escrow amounts such as taxes added to the payment in mortgage
example, assume consummation is scheduled for Thursday, June 11 and the early disclosures for a regular mortgage
Thus, under § 1026.32(a)(1)(iii), the plan is a high-cost mortgage subject to the requirements and
A creditor may make a mortgage loan that will be sold or otherwise transferred pursuant to an agreement
H-25 of appendix H to this part illustrates such disclosures with the additional labels “Deed” and “Mortgage
and the amount the consumer will be required to pay into an escrow account to pay some or all of the mortgage