If the buyer is being charged by the attorney to prepare the purchase contract, would we reflect that in Section C or Section H? Also, would the fee description have "Title" in front of it?
Can a lender purposely not get one of the six TRID items to avoid getting an application in order to delay the loan estimate delivery date?
Does the monthly life insurance policy fee need to be disclosed on the loan estimate and closing disclosure on 1st and 2nd mortgages? The policy is offered by the lender but it is not a requirement of the loan. This one is on a 2nd closed-end mortgage and the monthly fee is included with the P & I payment for the mortgage.
What is a private flood insurance policy?
If we have a rate sheet that we give to real estate agents and our loan originators, but we know the true use will be for them to hand it to consumers or post it where consumers can readily access it, wouldn't we need to have the APR on it?