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#363548 - 05/25/05 01:24 PM SC Broker Income Disclosure
JSD Offline
Platinum Poster
Joined: Oct 2000
Posts: 512
Hope someone can help regarding this form. We have very little info - it appears that it was applicable as of 010104. It involves $ amount of YSP and itemization of points, fees and commissions. A signed copy must be retained and a completed hi-cost loan worksheet. Does anyone know about this state issue or can suggest where more info could be found? Thanks!

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#363549 - 05/25/05 11:02 PM Re: SC Broker Income Disclosure
Cowboys Fan Offline
Power Poster
Joined: Dec 2002
Posts: 4,592
Section 37-23-45 of the SC Consumer Protection Code
The changes regarding predatory lending and high cost loans are detailed here.
SC Dept of Consumer Affairs
The Fast Facts for Mortgage Brokers has a link to the form I think you're asking about. The other topics also contain some good information in nice, plain English.
Last edited by Cowboy Fan; 05/25/05 11:13 PM.

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