[kmullarkey]

Are the lender credits we report on the LAR all credits we are giving the customer? If we disclose a total of $500 in customary fees but the lender pays all those fees for the customer at closing, do we report $500 under lender credits on the LAR? Or do we only report those credits that are over & above the customer charges (ex. tolerance cure)

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[jholzknecht]

As explained in the program manual and as shown on the program PowerPoint slides, the lender credits disclosed on the LAR are the Lender Credits from Section J of the Closing Disclosures. That amount includes the general credits, which includes the tolerance cure, but not the specific lender credits.

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