From "RESPA in Plain English" by Vicki Bott- Deuputy Asst. Single Family Housing: (Dec. 3 power point presentation)
Block 1 – contains all lender or lender and mortgage broker origination points, processing fees and administrative fees (All or some of this line represents the mortgage broker compensation.)
A mortgagee letter lifting the FHA 1% origination cap will be released shortly
Origination charges should not be itemized on the GFE or the HUD-1
Exception: If a state or governmental program requires the specific itemization of origination fees, a lender may itemize on the HUD-1in the blank 800 lines
FWIW, we are putting the following fees in there:
Origination, u/w, processing, MERS, Doc Prep, Escrow Waiver (when known at app), FHA commitment fee, Housing Authority processing fees.
Also, if the inspection fees are coming to us as lender they go there.
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