Points and fees means the fees and charges that are included in the definition of points and fees in 12 C.F.R. §1026.32(b)(1).
Points and fees means all items considered required to be
Points and fees means as defined in 12 CFR §226.32 and as used in the official staff commentary of the board of governors of the federal reserve system as amended from time to time.
Examples of Points and fees in a sentence
Points and fees do not exceed the applicable threshold for the appropriate loan amount.
Points and fees do not exceed the applicable threshold for the appropriate loan amount.QM Rules Points and Fees Testing.
Points and fees of 5% would be allowed for loans under $20,000 to qualify if other requirements are met.
Points and fees do not exceed the qualified mortgage points and fees threshold g.
Points and fees also will be subject to a 3-percentlimit for purposes of determining whether a transaction is a ‘‘qualified mortgage’’ under the 2013 ATR Final Rule.
More Definitions of Points and fees
Points and fees means all items considered to be points
Points and fees means all items required to be disclosed as points and fees as defined in Section 10 of the High Risk Home Loan Act [815 ILCS 137/10].
Points and fees means all items required to be disclosed as points and fees under 12 CFR 226.32 (2000, no subsequent
Points and fees means all items considered to be points and fees under 12 CFR 226.32 (2000, or as initially amended pursuant to Section 1431 of the federal Dodd-Frank Act with no subsequent amendments or editions included, whichever is later); compensation paid directly or indirectly by a consumer or creditor to a mortgage broker from any source, including a broker that originates a loan in its own name in a table-funded transaction, not otherwise included in 12 CFR 226.4; the maximum prepayment fees and penalties that may be charged or collected under the terms of the credit transaction; all prepayment fees or penalties that are incurred by the consumer if the loan refinances a previous loan made or currently held by the same creditor or an affiliate of the creditor; and
Points and fees means: is defined as provided in this subdivision.
Points and fees. With respect to each Group I Mortgage Loan secured by the related Mortgagor's primary residence, no Mortgagor was charged "points and fees" in an amount greater than (i) $1,000, or (ii) 5% of the principal amount of such Group I Mortgage Loan, whichever is greater. For purposes of this representation, "points and fees" (x) include origination, underwriting, broker and finder fees and charges that the mortgagee imposed as a condition of making the Group I Mortgage Loan, whether they are paid to the mortgagee or a third party, and (y) exclude bona fide discount points, fees paid for actual services rendered in connection with the origination of the Group I Mortgage Loan (such as attorneys' fees, notaries fees and fees paid for property appraisals, credit reports, surveys, title examinations and extracts, flood and tax certifications, and home inspections), the cost of mortgage insurance or credit-risk price adjustments, the costs of title, hazard, and flood insurance policies, state and local transfer taxes or fees, escrow deposits for the future payment of taxes and insurance premiums, and other miscellaneous fees and charges which miscellaneous fees and charges, in total, do not exceed 0.25% of the principal amount of such Group I Mortgage Loan;
Points and fees means: [§37-23-20 (13)(a)(b)(c)(d)]