Title 12 — Banks and BankingRelease 119-73not60
§2610 Prohibition of Fees for Preparation of Truth-in-lending, Uniform Settlement, and Escrow Account Statements
Title 12 › Chapter 27— REAL ESTATE SETTLEMENT PROCEDURES › § 2610
Summary
Lenders and loan servicers cannot charge you for preparing or sending the required loan disclosure statements for a federally related mortgage or a loan to buy a mobile home. A servicer is the company that handles your loan payments.
Full Legal Text
Title 12, §2610
Banks and Banking — Source: USLM XML via OLRC
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 mobile home), or by a servicer (as the term is defined under section 2605(i) of this title), for or on account of the preparation and submission by such lender or servicer of the statement or statements required (in connection with such loan) by section 2603 and 2609(c) of this title or by the Truth in Lending Act [15 U.S.C. 1601 et seq.].
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
The Truth in Lending Act, referred to in text, is title I of Pub. L. 90–321, May 29, 1968, 82 Stat. 146, which is classified generally to subchapter I (§ 1601 et seq.) of chapter 41 of Title 15, Commerce and Trade. For complete classification of this Act to the Code, see
Short Title
note set out under section 1601 of Title 15 and Tables.
Amendments
1990—Pub. L. 101–625 substituted present section catchline for “Fee for preparation of truth-in-lending and uniform settlement statements”, inserted after first comma “or by a servicer (as the term is defined under section 2605(i) of this title),”, and substituted “lender or servicer” for second reference to “lender” and “2609(c)” for “2605”.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective 180 days after Dec. 22, 1974, see section 20 of Pub. L. 93–533, set out as a note under section 2601 of this title.
Reference
Citations & Metadata
Citation
12 U.S.C. § 2610
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60