I thought it was a flat fee to ACORN of $420 written into all mortgage
constracts, due to legislation passed in the summer.
But maybe that’s an average number based on an average mortgage.
Either way, it’s a In-Freakin-Credible OUTRAGE!!!
If I was buying a house, and the seller was desperate, I’d say
the only way I’m closing is that you give $420 to the RNC.
GB had stated that it was $424 on a $100k mortgage. No idea if it is flat fee or pro-rated @ 0.424%