Answer:
If you require your loans to close through a settlement agent because you will not close your own loans, then this is the section of the regulation you need to review:
1026.4(a)(2) Special rule; closing agent charges. Fees charged by a third party that conducts the loan closing (such as a settlement agent, attorney, or escrow or title company) are finance charges only if the creditor:
(i) Requires the particular services for which the consumer is charged;
(ii) Requires the imposition of the charge; or
(iii) Retains a portion of the third-party charge, to the extent of the portion retained.
First published on BankersOnline.com 7/15/13