Answer:
Credit report fees must be disclosed in Block 3 of the GFE regardless who pays the fee. The fee must also be disclosed on Line 805 of the HUD, again regardless who paid the fee.
You don't have the option not to disclose it.
Credit Report Fee Not Charged/Collected on GFE
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Question:
We are listing a $5 credit report fee that is not charged nor collected as a credit on the GFE. If we do that then on the HUD-1 it is listed as a -$5 on line 802, we would not need to further disclose this same $5 as a POC in line 805, therefore leaving it totally off of our internal loan boarding data?
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