Sentences with phrase «unaffiliated providers»

As discussed above, the application of the zero percent tolerance category of settlement charges to affiliated settlement service providers and lender - required unaffiliated settlement service providers is based on the premise that in both cases, creditors that use affiliates or unaffiliated providers they require are in a superior position of knowledge with respect to the expected costs of the services of those providers and can provide more accurate disclosures than they are with respect to the expected costs of services of unaffiliated and non-required providers.

The trade association commenters also asserted that the rule should clarify that disclosing an affiliate on the written list would not make the affiliate a required provider as long as the creditor lists unaffiliated providers.

«There has been a lot of hope, and some hype, that these systems will enable more efficiency in how care is provided across unaffiliated providers,» says Lammers.

Not exact matches

Asset managers have gained leverage because they have an increasing variety of choices of trading venues and research providers, including independent firms unaffiliated with the big banks.

Third Party Content MFS may make available links from the site to other, third party sites or electronic services providers that are not affiliated with MFS or you may have accessed this site from the sites of other unaffiliated third parties or electronic service providers who have links to any pages of this Site.

This information may be shared with unaffiliated third parties, including agents, brokerage firms, insurance companies, administrators and other service providers.

i. Because certain closing costs, individually, are subject to the limitations on increases in closing costs under § 1026.19 (e)(3)(i)(e.g., fees paid to the creditor, transfer taxes, fees paid to an affiliate of the creditor), while other closing costs are collectively subject to the limitations on increases in closing costs under § 1026.19 (e)(3)(ii)(e.g., recording fees, fees paid to an unaffiliated third party identified by the creditor if the creditor permitted the consumer to shop for the service provider), § 1026.38 (e)(2)(iii)(A) requires the creditor or closing agent to calculate subtotals for each type of excess amount, and then add such subtotals together to yield the dollar amount to be disclosed in the table.

Lastly, the Bureau received requests from some title company commenters that sought an exemption from the proposed general rule with respect to the treatment of payments that affiliated title companies receive at closing that are disbursed to service providers not affiliated with the lender as payment for services performed by the unaffiliated service providers on behalf of the affiliated title companies.

Proposed comment 38 (i)(1)(iii)(A)-1 would have contained examples of how to calculate such excess amounts and would have clarified that because certain closing costs, individually, are subject to the limitations on increases in closing costs under proposed § 1026.19 (e)(3)(i)(e.g., origination fees, transfer taxes, charges paid by the consumer to an affiliate of the creditor), while other closing costs are collectively subject to the limitations on increases in closing costs under proposed § 1026.19 (e)(3)(ii)(e.g., recordation fees, fees paid to an unaffiliated third party if the creditor permitted the consumer to shop for the service provider), the creditor or closing agent calculates subtotals for each type of excess amount, and then adds such subtotals together to yield the dollar amount to be disclosed in the table.

i. Because certain closing costs, individually, are subject to the limitations on increases in closing costs under § 1026.19 (e)(3)(i)(e.g., fees paid to the creditor, transfer taxes, fees paid to an affiliate of the creditor), while other closing costs are collectively subject to the limitations on increases in closing costs under § 1026.19 (e)(3)(ii)(e.g., recording fees, fees paid to an unaffiliated third party identified by the creditor if the creditor permitted the consumer to shop for the service provider), § 1026.38 (i)(1)(iii)(A) requires the creditor or closing agent to calculate subtotals for each type of excess amount, and then add such subtotals together to yield the dollar amount to be disclosed in the table.

Fees paid to an unaffiliated third party if the creditor did not permit the consumer to shop for a third party service provider for a settlement service.

The Bureau also declines to modify the rule to provide an exemption for payments that affiliated title companies receive at closing that are then disbursed to unaffiliated service providers as payment for services performed by the unaffiliated service providers on behalf of the affiliated title companies.