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#1873025 - 11/20/13 11:55 PM What is any fee for modification, renew, extend...
Baker Offline
Platinum Poster
Joined: Nov 2005
Posts: 792
Washington State
The High Cost rules state the Creditor, successor-in-interest, assignee, or any agent of such parties ay not charge consumer any fee to modify, renew, extend or amend high cost mortgage or
defer any payment due under terms of such mortgage.

I get that we cannot charge a consumer any fee to modify, renew or extend or amend a high cost mortgage. It does not say what “any” fee is…. Do they mean ANY fee related to include doc prep, credit report, etc. or just "any" fee specifically related to the task of modifying, renewing the loan?

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HOEPA and Homeowner Counseling Rule
#1903733 - 03/10/14 03:06 PM Re: What is any fee for modification, renew, extend... Baker
Beth175 Offline
100 Club
Beth175
Joined: Feb 2009
Posts: 153
Wisconsin
Would the ban on assessing any fee to modify, defer, etc. include legal fees? On occasion we may have attorney fees, titlework fees, appraisal fees, inspection fees, and other origination fees - are these all banned if the loan in question is a HOEPA loan?

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