Answer:
The Mortgage Comapny will be required to provide the Affiliated Business Arrangement Notice. You, as an attorney, need to review HUD's Regulation X (RESPA) section Section 3500.15, in particular Section 3500.15(b)(1)(ii).
The charges must reflect the cost, or a range, usually low to high, of the cost for the particular service you are providing. You will also want to look at Appendix B and D.
First published on BankersOnline.com 10/03/05
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