Hi All - I have a question that seems like it should be pretty simple to answer, but I have been unable to find it directly addressed.
Reg Z (1026.4(c)(7)) clearly states that appraisal fees are excluded from the finance charge calculation. Does this exclusion also apply to the separate appraisal management company fees (fees paid to a third party for managing the appraisal process and engaging an appraiser)?

Thanks for your assistance!