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Queen Tut asks a very good question from a safety and soundness perspective.
When we receive an application, we mail the prelims within 3 days as required. Included in the prelim packet is an Intent to Proceed form...
It sounds like a release fee and if it's part of the payoff and itemized, then I would agree it should be listed as a release.
This question was not for a specific instance. I was confused as to whether the same standard of disclosing $0 on the Loan Estimate for a...
From the March 1 2016 CFPB webinar:The use of loan proceeds to finance construction costs does not by itself impact whether thecreditor...
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