ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Uncategorized

Compliance question of the month: Adding fees accidentally omitted from an original loan estimate

July 12, 2024
Reading Time: 1 min read

My bank issued a Loan Estimate (LE) for a loan subject to the Truth in Lending Act (Regulation Z) that expired before the consumer provided the intent to proceed. The bank discovered two fees that had accidentally been omitted from the original LE.

Q Since the customer did not provide the intent to proceed prior to the expiration of the LE, may the bank provide a revised LE and include the accidentally omitted fees?

A Yes. If the intent to proceed is received after the expiration date, the bank may change and/or add any fees at its discretion and redisclose within 3 business days of discovery of the changed circumstance, which in this instance would be the expiration of the LE.

See comment 1 to §1026.19(e)(3)(iv)(E) and §1026.19(e)(4)(i).

For more information, contact ABA’s Rhonda Castaneda.
Please note that this section is not a substitute for professional legal advice.

ShareTweetPin

Related Posts

ABA, trade groups: CFPB has no authority to enact rule limiting arbitration 

ABA files amicus brief urging U.S. Supreme Court to clarify Federal Arbitration Act’s application to bankruptcy claims

Uncategorized
August 5, 2026

ABA filed an amicus brief urging the U.S. Supreme Court to review a Fourth Circuit decision holding that the FAA does not require courts to enforce arbitration agreements covering claims under Section 362(k) of the Bankruptcy Code.

ABA files amicus brief urging U.S. District Court of Oregon to enjoin Oregon’s rate opt-out law

ABA files amicus brief urging U.S. District Court of Oregon to enjoin Oregon’s rate opt-out law

Uncategorized
August 5, 2026

ABA filed a coalition amicus brief urging the U.S. District Court of Oregon to grant a preliminary injunction to prevent Oregon from enforcing its “rate opt-out law.”

Post-Cantero, Ninth Circuit rules NBA does not preempt California’s interest-on-escrow law

ABA files amicus brief urging U.S. Supreme Court to settle circuit split on NBA preemption for interest on escrow laws

Uncategorized
August 5, 2026

ABA filed a coalition amicus brief urging the U.S. Supreme Court to review a Ninth Circuit decision holding that the National Bank Act does not preempt California’s interest-on-escrow law.

Southern District of New York dismisses Block customer data breach class action

Block Inc. agrees to pay $45 million to resolve Cash App fraud allegations

Uncategorized
August 5, 2026

Block Inc. will pay $45 million to 46 states to resolve allegations that it misled Cash App users about the app's security and failed to protect them from fraud.

EagleBank agrees to pay $9.7 million to resolve DOJ Bank Secrecy Act allegations

EagleBank agrees to pay $9.7 million to resolve DOJ Bank Secrecy Act allegations

Uncategorized
August 5, 2026

EagleBank agreed to pay more than $9.7 million under a non-prosecution agreement with the DOJ to resolve an investigation into alleged Bank Secrecy Act violations.

U.S. District Court of Maryland dismisses usury lawsuit against Capital One

U.S. District Court of Maryland dismisses usury lawsuit against Capital One

Uncategorized
August 5, 2026

A Maryland federal court dismissed a lawsuit alleging that Cap One charged credit card account holders excessive interest.

NEWSBYTES

Carr staffer nominated for FCC commissioner

August 8, 2026

Senate adjourns with no vote on Clarity Act

August 8, 2026

FinCEN renews Minnesota geographic targeting order

August 7, 2026

SPONSORED CONTENT

Relationship Banking at Scale: Why Banks Need The Digital Sales & Service Platform

Relationship Banking at Scale: Why Banks Need The Digital Sales & Service Platform

August 1, 2026
Why Your Systems Keep Slowing Down — and What to Do About It

Examiners Are Now Looking at Your Non-Core Systems

June 11, 2026
Your Floorplan Audit and Your Credit Decision Are Weeks Apart. That Gap Has a Price.

Your Floorplan Audit and Your Credit Decision Are Weeks Apart. That Gap Has a Price.

June 1, 2026
A Modern Blueprint for Serving High-Net-Worth Families

A Modern Blueprint for Serving High-Net-Worth Families

May 28, 2026

PODCASTS

Podcast: Banking the brave new world of college athletics

August 4, 2026

Podcast: Tactics for meaningful strategic planning

July 28, 2026

Podcast: Why it might be time to revisit a key FDIC ratio

July 23, 2026

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.