Source of Title Forums: Re: What about....

Start up - Paul /MI
9/24/2006 1:46:39 PM (2047 views)

[+] DocEdge.com - DF/NV (1 reply)
9/22/2006 5:37:31 PM (3193 views)

[+] MY FIRST NON PAYMENT COMPANY - LAWANDA MCMILLIAN/AR (1 reply)
9/21/2006 9:29:21 PM (2802 views)

[+] Another Non Payer - Heather Arndt/MN (2 replies)
9/21/2006 3:47:11 PM (2588 views)

[+] Copy Fees - Kim Cowles/WI (15 replies)
9/21/2006 8:11:33 AM (2756 views)

[+] Meddler - Tammy Knight/MO (9 replies)
9/20/2006 11:47:24 PM (2801 views)

[-] What about.... - mason haas/NY (9 replies)
9/19/2006 7:27:30 PM (2721 views)
Re: What about.... - Robert Franco/OH
9/19/2006 8:11:04 PM (3376 views)
Re: What about.... - Kevin Ahern/CT
9/20/2006 7:19:51 AM (3199 views)
Re: What about.... - Ricky Farrow/FL
9/21/2006 8:42:46 PM (3233 views)
Re: What about.... - John Povejsil/MN
9/22/2006 10:41:05 AM (3270 views)
Re: What about.... - Ricky Farrow/FL
9/22/2006 10:46:42 PM (4726 views)

Can a lender collect from the borrower an appraisal fee of $200, listing the fee as such on the HUD-1, yet pay an independent appraiser $175 and collect the $25 difference?

No, the lender may only collect $175 as the actual charge. It is a violation of Section 8 (b) for any person to accept a split of a fee where services are not performed.

Substitute "Search/searcher" for "Appraisal/appraiser" above. This is item 25 of FAQs on the Hud Website regarding fee splitting.

See the "Tools" section at my website www.fficorporation.com for the full link and others.

to post a reply: login - or - register

Re: What about.... - mason haas/NY
9/27/2006 8:02:45 AM (3257 views)
Re: What about.... - Ricky Farrow/FL
9/27/2006 8:00:05 PM (3094 views)
Re: What about.... - mason haas/NY
9/28/2006 8:01:20 AM (3193 views)
Re: What about.... - Kevin Ahern/CT
9/28/2006 10:14:20 AM (3130 views)

The Bertrum Group - Annette Dorty/PA
9/19/2006 6:46:56 PM (2041 views)

Land Title U.S.A Agency, Inc. - Annette Dorty/PA
9/19/2006 6:45:48 PM (2191 views)

[+] The Real Threat to Title Examiners - Jarrod Clabaugh/OH (7 replies)
9/19/2006 3:41:17 PM (2801 views)

<< get older messages

get newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.

Directory

The Source of Title Business directory has 8961 listed companies.

Leave feedback on a company:
SOT ID #: learn more...