Skip to content
BOL Conferences Top Gun 23
Thread Options
#1829841 - 07/02/13 06:58 PM Addendum to Fed Box
Wonderofitall Offline
100 Club
Joined: Sep 2010
Posts: 198
Out West
Would an addendum to the TILA, reflecting only the payment stream, meet this standard of 1026.17, "The disclosures shall be grouped together, shall be segregated from everything else, and shall not contain any information not directly related to the disclosures required under §1026.18? In other words, can the TILA magic language occur in more than one page as long as the magic language is segregated from all the non-magic language?

Example: Consumer non-real estate loan TILA states "Payment Amount (See Addendum)", and the Addendum reflects the only the payment stream.

You're never too old to learn something stupid.

Return to Top
Lending Compliance
#1830486 - 07/04/13 07:13 PM Re: Addendum to Fed Box Wonderofitall
rlcarey Online
10K Club
Joined: Jul 2001
Posts: 82,124
Galveston, TX
Not in my humble opinion. Referring to an addendum is not segregated.
The opinions expressed here should not be construed to be those of my employer:

Return to Top

Moderator:  Andy_Z