(1) “Affiliate” setting any company you to control, was controlled by, or is significantly less than common handle with an alternate providers, due to the fact established on Bank Carrying Company Operate from 1956 (several U.S.C. 1841 et seq.), once the amended periodically.
(2) “Annual percentage rate” form the latest apr on loan computed considering the fresh provisions of federal Truth?in?Lending Operate (fifteen U.S.C. 1601, mais aussi seq.), plus the legislation promulgated thereunder of the Federal Set-aside Board (due to the fact told you Operate and you can rules are revised sometimes).
(3) “Bona-fide mortgage write off items” form loan write off situations consciously paid off from the debtor on the purpose of reducing, and you may that lead to a bona fide reduced amount of, the pace otherwise big date?speed differential appropriate towards loan, provided the amount of the interest rate cures purchased by the discount items is fairly consistent with established business norms and you can practices having supplementary financial markets transactions.