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#1954029 - 08/18/14 04:05 PM "Fee" Versus "Charge"
Anonymous
Unregistered

Could someone please explain in reasonably simple language, the difference between a "fee" and a "charge" and how categorization of each would impact its treatment on the GFE? Just a high level analysis will be sufficient. Thanks!

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#1954042 - 08/18/14 04:22 PM Re: "Fee" Versus "Charge" Anonymous
Truffle Royale Offline

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Joined: Jul 2003
Posts: 17,357
There is no difference between the two really nor how it impacts treatment on the GFE.
It's all semantics.
I suppose some may say the bank/appraiser/cbr/etc. charges a fee. But that's just changing the word 'charge' from a noun to a verb.

Is your question more specific?

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