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B-177306 1 (1973-01-02)

handle is hein.gao/gaobadtaw0001 and id is 1 raw text is: COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON. D.C. 20548 B-177306 JAN Z 197a Mrs. Luella S. Howard Authorized COrtifying Officer Office of the Secretary of Transportatiou Department of Transportation Dear Mrs. Ioward: Ve refer to your letter dated October 17, 1972, with enclosures, requesting our decslon as to whether a reclaim voucher in the amount of $392.30 in favor of an employee of the Department of Transportatlon, may be certified for payment in view of the circum- stances hereinafter described . The record indicates that under Travel Authorization No. TS 20312, dated Septattber 23, 1971, was authorized a chanre of official duty station from Naahington, D. C., to Seattle, ashitOn. Upon completion of the subject transfer, sabuitted vouchers for the relabursement of those costs incurred incident to his move to Seattle, Washington. In the administrative processing of the vouchers there as suspended therefrom, Intier ali, the amount of $392.30. Such amount is nOw being cli-md byS in the present reclati voucher. The $192.50 now being sought for reimburse net appears to onstitute a loan origination fee which a lending Institution is allowed to charge for processing a loan under regulations of the Veterans Admiistration (also referred to as a VA funding fee) and $10 for a tax registration charge. With regard to the former, we note that the $382.50 fee was described as a fBank Loan Fee' on the settlement sheet dated January 24, 1972, which w*as Issued by the ashington Mutual Savings Bank (the lender) at the tm*e of settlement. on a nto residence in Belleavue, 'Washington urthenore, it i. noted that the $382.50 fee charged by the bank was exactly 1 prcent of the loan amount involved. Anjjiof acespondene ttached to the reclaim voucher reveals that apparently feels that reimbursement of a loan oriaination ftee (VA funding fee) is not prohibited by the eontrolling reaglations, that is, Office of M-amaement and tde.get (OM) Circular No. A-56, revised August 17, 1971. II

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