Feds play role in cheating real estate borrowers

Good Faith Estimate fails to list true cost of loan
Published on Feb 27, 2006

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by CareyBot

Q: “I see that the Upfront Mortgage Broker commitment now includes a guarantee of lender fees. What fees are covered, and why is a guarantee needed?” LENDER FEES Mortgage lenders charge two kinds of fees. One type, expressed as a ...