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#278872 - 11/23/04 04:25 PM New Interpretations of Finance Charges under Reg Z
mojoe472 Offline
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Joined: Feb 2003
Posts: 14
How are bankers addressing the new interpretations of Finance Charges under Reg Z concerning construction loans when costs for as-built surveys, title charges, title insurance, etc. are paid by borrowers after loan closing? Has anyone started to re-disclose as a result of this new interpretation?

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Lending Compliance
#278873 - 11/23/04 04:29 PM Re: New Interpretations of Finance Charges under Reg Z
David Dickinson Offline
10K Club
David Dickinson
Joined: Nov 2000
Posts: 18,762
Central City, NE
Please do a search on this. We have at least 3 threads going on this topic. One was started just yesterday.
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David Dickinson
http://www.bankerscompliance.com

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#278874 - 11/23/04 04:34 PM Re: New Interpretations of Finance Charges under Reg Z
David Dickinson Offline
10K Club
David Dickinson
Joined: Nov 2000
Posts: 18,762
Central City, NE
In fact, here's one.
_________________________
David Dickinson
http://www.bankerscompliance.com

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