Projected payments

(c) Projected payments. A separate table, under the heading Projected Payments, that includes and satisfies the following information and requirements: (1) Projected payments or range of payments. The information required to be disclosed pursuant to 1026.37(c)(1) through (4), other than 1026.37(c)(4)(vi). In disclosing estimated escrow payments as described in 1026.37(c)(2)(iii) and (c)(4)(ii), the amount disclosed on the Closing Disclosure: (i) For transactions subject to RESPA, is determined under the escrow account analysis described in Regulation X, 12 CFR 1024.17; (ii) For transactions not subject to RESPA, may be determined under the escrow account analysis described in Regulation X, 12 CFR 1024.17 or in the manner set forth in 1026.37(c)(5). (2) Estimated taxes, insurance, and assessments. A reference to the disclosure required by paragraph (l)(7) of this section.

Source

12 CFR § 1026.38


Scoping language

in this section
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