Monthly Archives: January 2014

POINTS AND FEES – INDEX RATE FOR PERSONAL PROPERTY

When calculating points and fees §1026.32(b)(1)(i)(E and F) allow the creditor to exclude from the calculation up to two bona fide discount points under §1026.32(b)(1)(i)(E), or up to one bona fide discount point under §1026.32(b)(1)(i)(F),  paid by the consumer in … Continue reading

Posted in CFPB, Dodd-Frank Act, Financial Reform, Lending Compliance, Regulation Z, Truth in Lending | Tagged , , , , | 1 Comment