§ 1024.35 Error resolution procedures.
(3) Failure to credit a payment to a borrower's mortgage loan account as of the date of receipt in violation
- 1024 (Regulation X)
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(3) Failure to credit a payment to a borrower's mortgage loan account as of the date of receipt in violation
documents in response to the borrower's requests for information with respect to the borrower's mortgage loan
(ii) With respect to a mortgage loan for which the borrower has discharged personal liability pursuant
The total loan amount for an open-end credit plan is the credit limit for the plan when the account is
performs purely administrative or clerical tasks on behalf of an individual who is described as a mortgage loan
borrower for the purpose of reaching a mutual understanding about prospective residential mortgage loan
H-4(B)—Variable-Rate Model Clauses Your loan contains a variable-rate feature.
Communicate on behalf of a loan originator that a written credit offer has been sent to a consumer without
required for rental properties as long as all properties are documented on the Uniform Residential Loan
(ii) Whether the obligation arising from the covered loan was, or in the case of an application, would
1003.4(a)(23) by reporting that the requirement is not applicable when reporting a purchased covered loan
Section 1041.6(c)(3)(ii) provides that a lender cannot make a covered short-term loan under § 1041.6
interest rate is based on the index plus a margin, and your payment will be based on the interest rate, loan
If a loan program permits consumers to convert their variable-rate loans to fixed-rate loans, the creditor
Assume a loan originator organization receives compensation directly from either a consumer or a creditor
To determine the maximum loan amount, assume that the interest rate increases to the maximum lifetime
For covered loan originations, including a preapproval request that leads to an origination by the financial
Creditor's flexibility in setting loan terms.
will be due can take effect under the terms of the legal obligation, over the remaining term of the loan
(A) Information a consumer provides to you on an application to obtain a loan, a credit card, a credit
(B) That compensation is paid by a mortgage broker, as defined in § 1026.36(a)(2), to a loan originator
(B) That compensation is paid by a mortgage broker, as defined in § 1026.36(a)(2), to a loan originator
repayment terms of the agreement for any outstanding balance that results in a default in payment under the loan
responsibility, character, and general fitness such as to warrant a determination that the individual loan
(i) The sum of the amounts disclosed as loan costs and other costs under paragraphs (f)(4) and (g)(5)