Comment for Appendix K - Total Annual Loan Cost Rate Computations for Reverse Mortgage Transactions
(b)(10) Assumption for variable-rate reverse mortgage transactions
- 1026 (Regulation Z)
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(b)(10) Assumption for variable-rate reverse mortgage transactions
(d) Reverse mortgage model form and sample form —
Alternative mortgage transaction.
Assumption of the mortgage loan obligation.
Mortgage broker as loan originator.
Except as provided in § 1026.41(e)(5), § 1026.41(f) applies with regard to a mortgage loan
Section 1026.43(b)(8) defines mortgage-related obligations, which must be considered in determining a
Alternative mortgage transaction.
Based on these assumptions, the monthly payment for the non-standard mortgage for purposes of determining
Based on these assumptions, the monthly payment for the non-standard mortgage for purposes of determining
Based on these assumptions, the monthly payment for the non-standard mortgage for purposes of determining
Based on these assumptions, the monthly payment for the non-standard mortgage for purposes of determining
(E) Is originated either by a dealer or, if the obligation is to be assigned to any maker of mortgage
“subprime” and similar products to minority applicants who request information about the creditor's mortgage
(7) A closed-end mortgage loan or open-end line of credit, or an application for a closed-end mortgage
(i) The mortgage broker or lender denies the application; or
(1) Section 1024.33(a) only applies to reverse mortgage transactions.
(C) The borrower reaffirms personal liability for the mortgage loan.
(e) Escrow account cancellation notice for certain mortgage transactions —
(c) Records related to certain requirements for mortgage loans —
(4) Additional appraisal for certain higher-priced mortgage loans —
(C) Mortgage loans secured by consumers' interests in timeshare plans.
(B) With regard to any consumer on the mortgage loan:
18(s) Interest Rate and Payment Summary for Mortgage Transactions
20(e) Escrow account cancellation notice for certain mortgage transactions.