D.C. Mun. Regs. tit. 26, r. 26-C1118
Current through Register Vol. 71, No. 49, December 6, 2024
For purposes of this section, a fee shall include the rate of interest, annual percentage rate, finance charge, points, yield spread premium, or any other monetary costs charged to a borrower, or paid on behalf of the borrower, for the origination, service, or brokering of a mortgage loan.
A licensee shall charge fees that are reasonable and for services actually performed by the licensee or a third party providing services on behalf of the licensee.
Unless otherwise stated, any fee charged shall be disclosed and charged in accordance with applicable District and federal law, including TILA and RESPA.
D.C. Mun. Regs. tit. 26, r. 26-C1118