Truth in Lending: 9.6.11.9 Charging Modification and Deferral Fees
The Dodd-Frank Act bans the charging of modification and deferral fees in HOEPA loans. Specifically, it provides that a creditor, successor in interest, assignee, or any agent of any of the above, may not charge a consumer any fee to modify, renew, extend, or amend a HOEPA loan, or to defer any payment due under the terms of such mortgage.930