NET TANGIBLE BENEFIT MATRIX - Compliance

NET TANGIBLE BENEFIT MATRIX

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Last Updated: February 2018

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Alabama Alaska Arizona

Arkansas California Colorado Connecticut Delaware District of Columbia

Florida Georgia Hawaii

Idaho Illinois Indiana Iowa Kansas

Table of Contents

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Kentucky Louisiana

Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina

? 2020 First American Financial Corporation and/or its affiliates. All rights reserved. Version 2018.02

North Dakota Ohio

Oklahoma Oregon

Pennsylvania Rhode Island South Carolina South Dakota

Tennessee Texas Utah

Vermont Virginia Washington West Virginia Wisconsin Wyoming

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States

Alabama Alaska Arizona

Arkansas

California Colorado Connecticut

Proper Name of Generic Cx

Disclosure

Number

Loan Type

Legal Reference

N/A

N/A

Tangible Net Benefit

12531

Worksheet

(upon request)

N/A

A mortgage loan refinances a

mortgage loan.

N/A

ALASKA STAT. ? 06.60.350

N/A

N/A

N/A

N/A

Tangible Net Benefit Worksheet

High Cost Tangible Net Benefit Worksheet

High Cost Tangible Net Benefit Worksheet

CO Tangible Net Benefit Disclosure

Tangible Net Benefit Worksheet

12531 or 15773

(upon request for 15773 only)

15773

12873

12531 (upon request)

Either: (a) A residential mortgage loan that refinances

another residential mortgage loan; or (b) a high-cost home loan that refinances a home

loan A covered loan that refinances a consumer loan. A covered loan

refinancing a preexisting covered loan or a residential mortgage loan. A high cost home loan refinancing a

loan.

Ark. Code Ann. ?? 23-39-513(10) &

23-53-104(b)

CAL. FIN. CODE ? 4973(j)

COLO. REV. STAT. ANN. ?? 5-3.5103(1)(c), 12-61904.5, & 38-40105(1.7)(a)(II) CONN. GEN. STAT.

ANN. ? 36a746e(8)

Worksheet Required?

N/A No N/A

No

No

Yes No

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States

Connecticut Delaware

Proper Name of Disclosure

Tangible Net Benefit Worksheet

N/A

Generic Cx Number

12531 (upon request)

N/A

Loan Type

A nonprime home loan that

refinances a residential mortgage.

N/A

Legal Reference

CONN. GEN. STAT. ANN. ? 36a760g(b)

N/A

District of Columbia

N/A

N/A

N/A

N/A

Florida Georgia Hawaii

N/A

N/A

N/A

GA Disclosure of Net Tangible Benefit

4235 (upon request)

A high-cost home loan refinancing a

home loan consummated within the prior 5

years.

N/A

N/A

N/A

N/A

GA. CODE ANN. ? 7-6A-4(a)

N/A

Idaho Illinois

N/A

IL Statement of Borrowers Benefits

N/A 1875

N/A

A prohibition on loan flipping in connection with a loan secured by person's principal

residence.

N/A

815 ILL. COMP. STAT. ANN. 120/3(e)

Worksheet Required?

No

N/A N/A N/A

No

N/A N/A

No

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States

Illinois Indiana

Iowa Kansas Kentucky Louisiana

Maine

Maryland

Massachusetts

Proper Name of Generic Cx

Disclosure

Number

High Cost Tangible Net Benefit Worksheet

15773

N/A

N/A

Loan Type

A refinance of a high-cost home loan, most likely by another highcost home loan.

N/A

Legal Reference

815 ILL. COMP. STAT. ANN. 137/45

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

ME HCL Reasonable Tangible Net Benefit

Disclosure Form; ME HMPL Reasonable

Tangible Net Benefit Disclosure Form

MD Net Tangible Benefit Worksheet

N/A

13190 16407

13909

MA Borrower's Interest Worksheet

5771

N/A

A refinancing of a residential

mortgage loan with a high-cost mortgage loan or a higher-priced mortgage loan.

A mortgage loan refinancing

A refinancing of a home loan

consummated within the last 60

months.

N/A

ME. REV. STAT. ANN. tit 9-A, ? 8506(5); 02-030550 ME. CODE R. ?

5(3)-(4) & (6)

MD. CODE REGS. 09.03.06.20 & 09.03.09.04 MASS. GEN. LAWS ANN. ch. 183, ? 28C; 209 Mass

Code Regs. ?53.07

? 2020 First American Financial Corporation and/or its affiliates. All rights reserved. Version 2018.02

Worksheet Required?

No

N/A N/A N/A N/A N/A

Yes

Yes

Yes

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