Section 2881. Fees and charges

Latest version.

The  commissioner  may,  by regulation,
  establish  and  charge  to  eligible  borrowers,  for  the  period  from
  occupancy  date to mortgage discharge, a fee for inspection, regulation,
  supervision and audit not to annually exceed two-tenths of  one  percent
  of  the  mortgage  loan  to recover the departmental costs in performing
  these functions.

                    
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