FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
Mortgage Choice Act passes House
|
Industry News
Monday, May 19, 2014
|
|
The bill would modify the criteria for exclusion from the computation of points and fees of certain reasonable charges elsewhere exempted from the computation of the finance charge in exclusions of credit secured by an interest in real property. It would exclude from points and fees any such reasonable charges even though a creditor receives compensation, but only in so far as the creditor or its affiliates retains the compensation as a result of their participation in an affiliated business arrangement.
TO READ THE FULL STORY
|
|
LOG IN
Call 330-659-6101 x 805 or email us for assistance. |
|
Today's other top stories