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Charging Fees in Finance Charge-Real Estate Loan

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Question: 
In charging for credit reports we do not charge unless the loan is closed. My understanding is for consumer loans you must include the fee in the finance charge. Should we also do this with real estate loans since we only charge at closing? We are only charging what we are billed.
Answer: 

Review Reg. Z 1026.4(c)(7) and its Commentary.

First published on BankersOnline.com 10/22/12

First published on 10/22/2012

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