New Interpretations of Finance Charges under Reg Z

Posted By: mojoe472

New Interpretations of Finance Charges under Reg Z - 11/23/04 04:25 PM

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?
Posted By: David Dickinson

Re: New Interpretations of Finance Charges under Reg Z - 11/23/04 04:29 PM

Please do a search on this. We have at least 3 threads going on this topic. One was started just yesterday.
Posted By: David Dickinson

Re: New Interpretations of Finance Charges under Reg Z - 11/23/04 04:34 PM

In fact, here's one.