Google Answers: non-disclosure of discount points on residential mortgage loan

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Q: non-disclosure of discount points on residential mortgage loan ( No Answer, 0 Comments )

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Subject: non-disclosure of discount points on residential mortgage loan
Category: Business and Money
Asked by: lhw-ga
List Price: $10.00

Posted: 10 Sep 2003 10:14 PDT
Expires: 10 Oct 2003 10:14 PDT
Question ID: 254247

Is it legal in the State of Ohio for a mortgage lender to NOT disclose
discount points (not on a good faith estimate, not on the loan
application, not by response to specific verbal questioning)
associated with a residential loan until the HUD statement recieved by
the buyer at closing? If there are specific laws pertaining to this
situation I need know.  If there are regulatory boards governing
mortgage paractices I need that info also.

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