The loan origination fee is a charge by the lender for evaluating and preparing your mortgage loan. This can cover document preparation, notary fees and the lenderâs attorney fees. Expect to pay about 1% of the amount youâre borrowing (a $300,000 loan, for example, would result in a loan origination fee of $3,000). Points: By paying points, you reduce the interest rate you pay over the life of your loan, which results in more competitive mortgage rates. One point equals 1% of the loan amount. So if the loan were $500,000, a 1-point payment would be $5,000.
Mayor Emanuel Announces Maria Guerra Lapacek to Be Director of Legislative Counsel and Government Affairs; Names Samantha Fields as Commissioner of the Department of Business Affairs and Consumer Protection. Mayor's Press Office 312.744.3334.
The Office of the Chief Counsel renders legal services and provides legal policy and direction to all FMCSA Headquarters and field offices. The staff provides legal representation and other services in connection with litigation and administrative proceedings involving FMCSA or its officials. They provide appropriate liaison and assistance to the Department of Justice and the DOT Office of the General Counsel on a variety of legal and policy matters. The Office of the Chief Counsel is responsible for the Agency's Ethics Program, which provides ethics training and counseling to all FMCSA staff.