NewRez Correspondent | NewRez Correspondent



If Paid to:IncludeInTestFees Listed on HUD-1Lender/ Broker/ Affilate (Y/N)Title / Closing (Y/N)Govt (Y/N)Other (Y/N)APR / Finance Charge CommentsHOEPA (Y/N)GSE (Y/N)HOEPA / GSE Comments2nd Second Mortgage FeeYesYesYesYesYesYesAbstract or Title SearchNoNoNoNoTitle FeeNoNoAdmin/Courier/FAX/Copy FeeYesYesYesYesSame as overnight, express mail or delivery service fees YesYesAdministration FeeYesYesYesYesYesYesAffidavitsYesYesNoYesNot a finance charge if for affidavit recording paid to a gov’t entity or for doc prepRefer to APR testYesDo not include if not a finance chargeAmortization Schedule FeeYesYesYesYesYesYesAnnual FeeYesYesYesYesHELOC – not a finance chg unless based on useage – For CE always a finance chargeYesYesApplication FeeYesYesYesYesYesYesAppraisal Desk ReviewYesYesYesNoNOT a finance charge if paid to an appraiserRefer to APR testNoAppraisal FeeNoNoNoNoNoNoAppraisal Field ReviewYesYesYesNoNOT a finance change if paid to an appraiserRefer to APR testNoAppraisal ReviewYesYesYesNoNOT a finance charge if paid to an appraiserRefer to APR testNoAssignment Recording FeeYesYesYesYesYesYesAssumption FeeYesYesYesYesYesYesAttendance FeeAttorney’s FeeYesYesYesYesSame as settlement, escrow or closingYesNoIfPaidToIncludeInTestFees Listed on HUD-1Lender/ Broker/ Affilate (Y/N)Title / Closing (Y/N)Govt (Y/N)Other (Y/N)APR / Finance Charge CommentsHOEPA (Y/N)GSE (Y/N)HOEPA / GSE CommentsAutomated UnderwritingYesYesYesYesYesYesAutomated Valuation Model (AVM)YesYesYesYesYesYESBroker Admin FeeYesYesYesYesYesYesBroker Appraisal (BPO)YesYesYesYesYesYesBroker FeeYesYesYesYesYesYesBroker Processing FeeYesYesYesYesYesYesBuilding PermitNoNoNoNoNoNoCancel Existing Loan FeeYesYesYesYesYesYesCertificate of ReleaseYesYesNoYesNOT a finance chg is paid by someone other than the borrowerRefer to APR testYesCertified Copies to RegistryNoNoNoNoTitle FeeNoNoCheck Processing FeeYesYesYesYesYesYesCity Property TaxesNoNoNoNoNoNoCity/County Tax StampsNoNoNoNoNoNoClosing FeeYesYesYesYesSame as settlement, escrow or attorneyYesYesClosing LetterYesYesYesYesYesYesClosing Protection LetterYesYesYesYesNot finance chg. In AR, LA, MO, NJ, NC, OH & PA if imposed by title company for issuing CPLYesYesClosing Service LetterYesYesYesYesYesYesCombo FeeYesYesYesYesYesYesCommitment FeeYesYesYesYesYesYesCompliance Cert/Reg CopyYesYesYesYesYesYesConcurrent Jr Mtg Escrow YesYesYesYesYesYesCondo Questionnaire FeeYesYesYesYesYesYesIfPaidToIncludeInTestFees Listed on HUD-1Lender/ Broker/ Affilate (Y/N)Title / Closing (Y/N)Govt (Y/N)Other (Y/N)APR / Finance Charge CommentsHOEPA (Y/N)GSE (Y/N)HOEPA / GSE CommentsConstruction Admin FeeYesYesYesYesYesYesCopy or FAX FeeYesYesYesYesYesYesCounty Property TaxesNoNoNoNoNoNoCounty Surcharge FeeNoNoNoNoNoNoCounty TaxesNoNoNoNoNoNoCourier FeeYesYesYesYesSame as overnight, express mail or delivery feesYesYesCredit ReportNoNoNoNoNoNoDeed of Trust ReleaseYesYesNoYesNot a finance charge if paid to a government entityRefer to APR testYesDo NOT include if this is NOT a finance chargeDeed Prep FeeNoNoNoNoNoNoDesktop Underwriter FeeYesYesYesYesYesYesDigital DocsYesYesYesYesYesYesDisbursement FeeYesYesYesYesYesYesDischarge of MortgageYesYesNoYesNot a finance charge if paid to a government entityRefer to APR testYesDo NOT include if this is NOT a finance chargeDiscount Fee / Discount PtsYesYesYesYesYesNoAnything above 2 pts is include in finance chargeDocument ImagingYesYesYesYesYesYesDocument Service FeeYesYesYesYesYesYesDocument FeeYesYesYesYesNot a finance chg. If for doc prep and reasonable in amt.YesYesDo NOT include if this is NOT a finance chargeDoc Fee (E-Mail or Processing)YesYesYesYesYesYesIfPaidToIncludeInTestFees Listed on HUD-1Lender/ Broker/ Affilate (Y/N)Title / Closing (Y/N)Govt (Y/N)Other (Y/N)APR / Finance Charge CommentsHOEPA (Y/N)GSE (Y/N)HOEPA / GSE CommentsDocument PreparationNOT a finance chg. If for doc prep and reasonable in amt.Refer to APR TestRefer to APR testIf test indicates it is finance chg. Then include in HOEPA and GSE Document ProcessingYesYesYesYesYesYesDocument ReviewYesYesYesYesYesYesDraw FeeYesYesYesYesHELOC fee to drawN/AYesDraw Fee (Doc Prep)YesYesYesYesNOT a finance chg. If for doc prep and reasonable in amt.N/AYesE-Doc FeeDU/LP FeeYesYesYesYesYesYesElectronic Doc Delivery FeeYesYesYesYesYesYesElectronic Recording FeeYesYesYesYesYesYesEndorsementsNoNoNoNoTitleNoNoEnvironmental Protection LienNoNoNoNoTitleNoNoEscrow FeeYesYesYesYesSame as Settlement or ClosingYesYesEscrow Waiver FeeYesYesYesYesYesYesExpress Mail FeeYesYesYesYesFor overnight, shipping or handlingYesYesFAX FeeYesYesYesYesYesYesFHA MIPYesYesYesYesYesYesFHA MIP ImpoundsYesYesYesYesYesYesFiling FeeYesYesYesYesYesYesFinance ChargesYesYesYesYesYesYesFlood Fee (if cert is NOT LOL)NoNoNoNoNOT a finance charge if for upfront flood determination onlyFlood Fee (if cert IS LOL)YesYesYesYesFinance charge if part of fee is for life of loan monitoringYesNoIfPaidToIncludeInTestFees Listed on HUD-1Lender/ Broker/ Affilate (Y/N)Title / Closing (Y/N)Govt (Y/N)Other (Y/N)APR / Finance Charge CommentsHOEPA (Y/N)GSE (Y/N)HOEPA / GSE CommentsFlood / Hazard Insurance PremiumsNoNoNoNoNoNoFunding FeeYesYesYesYesYesYesGovernment Service FeeYesYesYesYesYesYesHazard Insurance PremiumNoNoNoNoNoYesHELOC FeesYesYesYesYesYesYesHOA DuesNoNoNoNoNoYesImaging FeeYesYesYesYesYesYesLender FeeYesYesYesYesYesYesLender’s Inspection FeeYesYesYesYesNot a finance charge if for an inspection of the property & the service if performed before closingYesYesLien SearchNoNoNoNoTitle FeeNoNoLoan DiscountYesYesYesYesYesYesLoan FeeYesYesYesYesYesYesLoan Origination FeeYesYesYesYesYesYesLoan Package FeeYesYesYesYesYesYesLoan Review FeeYesYesYesYesYesYesLoan Tie-in FeeYesYesYesYesYesYesLock in FeeYesYesYesYesYesYesMCC Application FeeYesYesYesYesYesYesMCC Fee to Agency FeeYesYesYesYesYesYesMERS FeeYesYesYesYesYesYesMessenger FeeYesYesYesYesSame as overnight, express mail or delivery feesYesYesMisc. Lender/ Broker FeeYesYesYesYesYesYesIfPaidToIncludeInTestLender/ Broker/ Affilate (Y/N)Title / Closing (Y/N)Govt (Y/N)Other (Y/N)APR / Finance Charge CommentsHOEPA (Y/N)GSE (Y/N)HOEPA / GSE CommentsMortgage Certification FeeYesYesNoYesNOT a finance charge if paid to a gov’t. entity for recording. If anything is chg’d. above county charges, then a finance chg.Refer to APR testYesDo not include if not a finance charge.Mortgage FeeYesYesYesYesYesYesMortgage Ins Application FeeYesYesYesYesYesYesMortgage Insurance ImpoundsYesYesYesYesYesNoMortgage Insurance PremiumsYesYesYesYesYesNoMortgage Insurance ServiceYesYesYesYesYesYesMortgage Registration TaxNoNoNoNoNoNoMortgage Tax to TitleYesYesNoYesRefer to APR testYesDo not include if not a finance charge.MRB Funding FeeYesYesYesYesYesYesNotary / SigningYesYesYesYesThe notary FEE is not a finance chg. but the signing fee is. If the fees are combined the total IS.YesYesDo not include if not a finance charge.Notary FeesNoNoNoNoNoNoOrigination FeeYesYesYesYesYesYesOwner’s CoverageNoNoNoNoTitle FeeNoNoPayoff Service FeeYesYesYesYesYesYesPer Diem / InterestYesYesYesYesYesYesPest InspectionNoNoNoNoNoNoPost Closing FeeYesYesYesYesYesYesPrivate Mortgage InsuranceYesYesYesYesYesYesPrivate Mtg. Insurance ImpoundsYesYesYesYesYesYesIfPaidToIncludeInTestLender/ Broker/ Affilate (Y/N)Title / Closing (Y/N)Govt (Y/N)Other (Y/N)APR / Finance Charge CommentsHOEPA (Y/N)GSE (Y/N)HOEPA / GSE CommentsProcessing FeeYesYesYesYesNot a finance chg. if paid to Nehemiah as a cost for getting the grant, this is not a cost in connection with the loansYesYesProperty Inspection WaiverYesYesYesYesYesYesQuality AssuranceYesYesYesYesYesYesQuit Claim DeedNoNoNoNoNoNoRecording / Filing FeeYesYesYesYesNOT a finance charge if paid to a government entityRefer to APR testYesRecord MortgageYesYesNOYesNOT a finance charge if paid to a Government entity for recording. Anything charged above county fee is finance chg.Refer to APR testNoRecord Request for NoticeYesYesNoYesNOT a finance charge if paid to a Government entity for recording. Anything charged above county fee is finance chg.Refer to APR testNoRecord Warranty DeedYesYesNoYesNOT a finance charge if paid to a Government entity for recording. Anything charged above county fee is finance chg.Refer to APR testNoRecording FeesYesYesNoYesNOT a finance charge if paid to a Government entity for recording. Anything charged above county fee is finance chg.Refer to APR testNoIfPaidToIncludeInTestLender/ Broker/ Affilate (Y/N)Title / Closing (Y/N)Govt (Y/N)Other (Y/N)APR / Finance Charge CommentsHOEPA (Y/N)GSE (Y/N)HOEPA / GSE CommentsRecording Handling FeesYesYesNoYesNOT a finance charge if paid to a Government entity for recording. Anything charged above county fee is finance chg.Refer to APR testNoRecording Satisfaction FeesYesYesNoYesNOT a finance charge if paid to a Government entity for recording. Anything charged above county fee is finance chg.Refer to APR testNoRecording Service FeesYesYesNoYesNOT a finance charge if paid to a Government entity for recording. Anything charged above county fee is finance chg.Refer to APR testNoRelease FeeYesYesYesYesYesYesRHS Guarantee FeeYesYesYesYesYesYesScan FeeYesYesYesYesYesYesService FeeYesYesYesYesYesYesSettlement or ClosingYesYesYesYesYesYesSigning FeeYesYesYesYesYesYesSimultaneous SecondYesYesYesYesYesYesState Documentary Transfer TaxNoNoNoNoNoNoState Tax Stamps on MtgNoNoNoNoNoNoState Tax/StampsNoNoNoNoNoNoSubordinate FeeYesYesYesYesYesYesSub-escrow / sub-title feeYesYesYesYesYesYesSurveyNoNoNoNoNoNoIfPaidToIncludeInTestLender/ Broker/ Affilate (Y/N)Title / Closing (Y/N)Govt (Y/N)Other (Y/N)APR / Finance Charge CommentsHOEPA (Y/N)GSE (Y/N)HOEPA / GSE CommentsTax Certificate FeeYesYesNoYesNot a finance charge if paid to a govt entity for a tax imposed on the borrower by the govt entity. If the tax is imposed on the lender and passed to the borrower it is a finance chargeRefer to APR testYesDo NOT include if not a finance chargeTax Service or Tax Contract FeeYesYesYesYesYesYesThird Party Processing FeeYesYesYesYesYesYesTie-in FeeYesYesYesYesYesYesTitle ExaminationNoNoNoNoNoNoTitle InsuranceNoNoNoNoNot a finance charge, if for title exam, abstract of title, title insurance, property survey & similar purposes and is bona fide and reasonable in amountNoNoTitle Insurance BinderNoNoNoNoNot a finance charge, if for title exam, abstract of title, title insurance, property survey & similar purposes and is bona fide and reasonable in amountNoNoTransfer FeeNot a finance charge, if for title exam, abstract of title, title insurance, property survey & similar purposes and is bona fide and reasonable in amountNoNoTrustee FeeYesYesYesYesYesYesUnderwriting FeeYesYesYesYesYesYesUpdate FeeYesYesYesYesYesYesUp-front FeeYesYesYesYesYesNoVA Funding FeeYesYesYesYesYesNoVOD (verification of deposit)YesYesYesYesYesYesVOE (verification of employment)YesYesYesYesYesYesWarehouse FeeYesYesYesYesYesYesIfPaidToIncludeInTestLender/ Broker/ Affilate (Y/N)Title / Closing (Y/N)Govt (Y/N)Other (Y/N)APR / Finance Charge CommentsHOEPA (Y/N)GSE (Y/N)HOEPA / GSE CommentsWire FeeYesYesYesYesYesYesWire Handling FeeYesYesYesYesYesYesYield Spread Premium (YSP)N/AN/AN/AN/AYesYes ................
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