New York State Department of Financial Services Guidance to Lenders and Services Related to Registration Fees

November 03, 2020

The New York State Department of Financial Services issued guidance on September 1 to mortgage lenders and servicers that registration fees are prohibited from being charged to the mortgagor, as a registration fee is neither an attorney fee, late or delinquency fee, property valuation fee, or fee for a service rendered to a mortgagor.

View Article Source →

Stay Informed, Subscribe to the Compliance Newshub