Under TRID's zero tolerance category, which fee cannot increase from the Loan Estimate to the Closing Disclosure?
Correct Answer
B) Lender's origination fee
Under TRID (12 CFR 1026.19(e)(3)(i)), the lender's origination fee is subject to zero tolerance and cannot increase from the Loan Estimate to the Closing Disclosure. The other fees have different tolerance levels or are not subject to tolerance restrictions.
Why This Is the Correct Answer
Under TRID (12 CFR 1026.19(e)(3)(i)), the lender's origination fee is subject to zero tolerance and cannot increase from the Loan Estimate to the Closing Disclosure. The other fees have different tolerance levels or are not subject to tolerance restrictions.
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