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Re: Ability to Repay points and fees- Affiliated Business

Home Forums Dodd-Frank Act Ability to Repay points and fees- Affiliated Business Re: Ability to Repay points and fees- Affiliated Business

#3040
jholzknecht
Keymaster

Generally, fees paid to a title company that is an affiliate will be included in the total of points and fees. There are several elements to the definition of an “affiliate,” but generally a company must owns 25% or more of a company for it to be an affiliate.