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§ 2610. —  Prohibition of fees for preparation of truthinlending, uniform settlement, and escrow account statements.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 12USC2610]

 
                       TITLE 12--BANKS AND BANKING
 
              CHAPTER 27--REAL ESTATE SETTLEMENT PROCEDURES
 
Sec. 2610. Prohibition of fees for preparation of truth-in-
        lending, uniform settlement, and escrow account statements
        
    No fee shall be imposed or charge made upon any other person (as a 
part of settlement costs or otherwise) by a lender in connection with a 
federally related mortgage loan made by it (or a loan for the purchase 
of a mobile home), or by a servicer (as the term is defined under 
section 2605(i) of this title), for or on account of the preparation and 
submission by such lender or servicer of the statement or statements 
required (in connection with such loan) by sections 2603 and 2609(c) of 
this title or by the Truth in Lending Act [15 U.S.C. 1601 et seq.].

(Pub. L. 93-533, Sec. 12, Dec. 22, 1974, 88 Stat. 1729; Pub. L. 101-625, 
title IX, Sec. 942(b), Nov. 28, 1990, 104 Stat. 4412.)

                       References in Text

    Truth in Lending Act, referred to in text, is title I of Pub. L. 90-
321, May 29, 1968, 82 Stat. 146, as amended, which is classified 
generally to subchapter I (Sec. 1601 et seq.) of chapter 41 of Title 15, 
Commerce and Trade. For complete classification of this Act to the Code, 
see Short Title note set out under section 1601 of Title 15 and Tables.


                               Amendments

    1990--Pub. L. 101-625 substituted present section catchline for 
``Fee for preparation of truth-in-lending and uniform settlement 
statements'', inserted after first comma ``or by a servicer (as the term 
is defined under section 2605(i) of this title),'', and substituted 
``lender or servicer'' for second reference to ``lender'' and 
``2609(c)'' for ``2605''.



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