Opinion ID: 1306135
Heading Depth: 1
Heading Rank: 8

Heading: Remaining Charges.

Text: The remaining disputed charges include the $175 title insurance, $40 overnight fees, and $165 underwriting fee. As to these charges, the district court concluded that because the total of these charges equaled less than two percent of the loan, the provisions of section 535.8(2)( a ) had not been violated regardless of which party had collected the disputed amounts. The Gardins contend it was error for the district court to bundle these charges together as it did to meet the two percent limitation. Whether or not the district court was correct in treating these charges as it did, we reach the same result as the district court by treating each charge separately. The undisputed fact is that RICA received payment for the title insurance ($175) and the overnight fees ($40). Based on our previous analysis, Long Beachas a matter of lawdid not collect these amounts. The remaining amount in disputethe $165 underwriting feewas collected by Long Beach. This fee was charged to compensate Long Beach for processing the Gardins' loan. It is therefore a loan processing fee that must fit within the two percent limit of section 535.8(2)( a ). This amountthe only loan processing fee that Long Beach collectedis well within the two percent limit. Therefore, collection of the fee does not violate section 535.8(2)( a ).