Fees

Business / Loan / Fees: This is money you pay or is charged to you up front to get a mortgage loan. You may pay fees in cash or finance them (or a portion of them) as part of the loan. If you finance fees, your loan balance will be higher and your equity will be lower. The fees appear on the Good Faith Estimate and HUD-1 Settlement Statement. Many of these fees are negotiable or can be reduced if you shop around.
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Slotting Fees

Business / Agriculture / Slotting Fees: Paid by manufacturers to purchase shelf space in retail stores: such fees are a controversial issue in the food sector. Critics regard slotting fees as unearned store discounts (or even 'kickbacks' to MORE

Recording Fees

Business / Loan / Recording Fees: Fees charged by the local government to record loan documents (for example, the mortgage). These fees will be charged to the borrower and shown on the Settlement Statement (HUD-1). MORE

12B-1 Fees

Business / Finance / 12B-1 Fees: The percent of a mutual fund's assets used to defray marketing and distribution expenses. The amount of the fee is stated in the fund's prospectus. The SEC has recently proposed that 12B-1 fees in exc MORE