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CA DEPT HOUSING & C.D. 2 - 2004
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CA DEPT HOUSING & C.D. 2 - 2004
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Last modified
1/3/2012 3:15:37 PM
Creation date
9/2/2005 4:18:38 PM
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Contracts
Company Name
State of California Department of Housing & Community Development
Contract #
A-2004-276A
Agency
Community Development
Council Approval Date
9/7/2004
Expiration Date
4/27/2025
Destruction Year
2030
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<br />basis upon request by the Agency and they will be within all <br />applicable statutory limits. <br /> <br />No cash deposit will be required from the Agency at the time <br />foreclosure proceedings are instituted, pursuant to an <br />executed agreement. However, USE's fee for services rendered, <br />and its costs and other charges will be due and payable, by <br />the Borrower upon reinstatement (or full payment of any Deed <br />of Trust or Mortgage under foreclosure), pursuant to an <br />agreement; or payable by the Agency at the time of publication <br />of any Notice of Trustee's Sale of the real property <br />encumbered by said Deed of Trust or Mortgage; or payable by <br />the Agency five (5) months from the date foreclosure <br />proceedings are instituted in connection with such Deed of <br />Trust or Mortgage, whichever event shall sooner occur. <br /> <br />L. DEFERRED LOAN COLLECTION SERVICES <br /> <br />Deferred: One time charge of $60.00 per loan for the life of <br />the loan. <br /> <br />Deferred with monitoring of taxes and lnsurance: One time <br />charge of $105.00 per loan for the life of the loan plus a one <br />time tax service fee of $55.00. <br /> <br />Deferred with monitoring of taxes, insurance, and title: One <br />time charge of $125.00 per loan for the life of the loan plus <br />a one time tax service and title protection fee of $54.00. <br /> <br />Deferred with impounding of taxes and insurance: <br />cha=ge of $60.00 plus a one time tax service fee <br />plus $6.50 per month per loan. <br /> <br />One time <br />of $55.00 <br /> <br />USE will charge a fee of $10.00 for each tickler notification. <br /> <br />USE will charge a flat fee of $8.50 per payment for receiving <br />occasional payments on deferred loans. <br /> <br />M. LOAN INCOME REVIEW AND SITE VISIT <br /> <br />a) <br />b) <br />c) <br /> <br />Income Recertification: <br />Property Condition Profile: <br />Affidavit of Owr.er <br /> <br />$100.00 per file <br />$ 65.00 per file <br />$ 40.00 per file <br /> <br />N. COMPUTER LINKAGE PACKAGE <br /> <br />Monthly maintenance fee of $120.00 per month plus $.65/minute; <br />minimum of J minutes per access. <br />
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