12 CFR §1024.12 — No fee (Regulation X)

reg-x-1024-12

12 CFR §1024.12 — No fee.

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Verbatim regulatory text (1)

Verbatim provisions from 12 CFR §1024.12 — No fee (Regulation X) — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

12 CFR §1024.12 — No fee

§ 1024.12 No fee. No fee shall be imposed or charge made upon any other person , as a part of settlement costs or otherwise, by a lender in connection with a federally related mortgage loan made by it (or a loan for the purchase of a manufactured home), or by a servicer (as that term is defined under 12 U.S.C. 2605(i)(2) ) for or on account of the preparation and distribution of the HUD -1 or HUD -1A settlement statement, escrow account statements required pursuant to section 10 of RESPA ( 12 U.S.C. 2609 ), or statements required by the Truth in Lending Act ( 15 U.S.C. 1601 et seq. ). Truth in Lending Act

Source: 12 CFR §1024.12 — No fee · source URL · snapshot 40219be28d52901a

Operationalizing 12 CFR §1024.12 — No fee (Regulation X)

This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.

Source of record: https://claudeforcompliance.com/regs/reg-x-1024-12/ · register reg-x-1024-12 · Claude for Compliance. Free to read and download; see regulatory updates and methodology.