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B-230372 1 (1988-07-01)

handle is hein.gao/gaobadndk0001 and id is 1 raw text is: i.3 The Comptroller General of the United States Washington, D.C. 20548 Decision Brock and Van Orden - Reimbursement for Settlement Agent Fees Matter of: B-230372 File: Date: July 1, 1988 DIGEST Two transferred employees were denied reimbursement for settlement agent fees charged by the same lender who earlier charged them fees for originating their mortgage loans. The claims may be allowed. Each described activity is separate and distinct. Where a fee is charged a purchaser by an individual to act as settlement agent at a real estate closing, it may be allowed under FTR para. 2-6.2c and f, if it is customary in the locality for the purchaser to pay and does not exceed the usual amount charged in the area. DECISION This decision is in response to a request from an Authorized Certifying Officer, Bonneville Power Administration (BPA), Department of Energy. It concerns the entitlement of two BPA employees to be reimbursed settlement agent fees incurred incident to permanent change-of-station real estate transactions. We conclude that the fees may be reim- bursed for the following reasons. BACKGROUND Messrs. Michael F. Brock and Richard J. Van Orden, employees of BPA, were transferred to Walla Walla, Washington, in June 1985 and February 1986, respectively. Both purchased residences near their new duty station in 1986 and submitted vouchers for real estate purchase expenses. In both situations, the expenses claimed for settlement fees were disallowed on the basis that their mortgage lender, which was the same for both and which charged each of them a loan origination fee, also conducted the settlement on their respective properties. The Federal Housing Administration (FHA) advised BPA that separate fees should not be charged where a lending institution charges a loan origination fee and also conducts settlement on the

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