Grapevine Post on Extra Fee Charge

Late last spring, the U.S. Supreme Court ruled in favor of Quicken Loans regarding the payment of an unearned or excessive fee.

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Now, a poster on the Mortgage Grapevine is asking, in light of that ruling, is it possible to add a fee payable by the borrower to the appraisal invoice to cover the originator’s costs and efforts in obtaining the report.

To get further details on what is being suggested, visit http://bit.ly/YJw2fO.


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