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# fee

# fee

A charge in the transaction: its kind, amount, payer, and the section of the disclosure it belongs to.

<!--source:mortgage-registry-->
Fee refers to a charge or cost associated with obtaining and servicing a mortgage loan.
<!--/source-->

## Why it matters

Fees are modelled by their disclosure treatment rather than by who invoices them, because that treatment is what the regulation constrains. Which section a fee falls in determines whether it counts toward a tolerance and whether a change requires a redisclosure.

The computation over this class is Fee, including the comparison between successive disclosures, which is a computation over a pair rather than a difference a reader is left to take.

## Properties

| Property | Type | Definition |
| --- | --- | --- |
| `actual_payment_amount` | `decimal` | <!--source:mortgage-registry-->Fee actual payment amount refers to the monetary amount paid to satisfy a fee.<!--/source--> |
| `assessed_amount` | `decimal` | <!--source:mortgage-registry-->Fee assessed amount refers to the monetary amount assessed to satisfy a fee.<!--/source--> |
| `assessed_date` | `date` | <!--source:mortgage-registry-->Fee assessed date refers to the date a fee payment was assessed.<!--/source--> |
| `description` | `decimal` | <!--source:mortgage-registry-->A company description is a brief summary or overview of a business. It typically includes information such as the company's industry, size, products or services offered, target market, and mission statement.<!--/source--> |
| `payment_paid_date` | `date` | <!--source:mortgage-registry-->Fee payment paid date refers to the date a fee payment was made.<!--/source--> |
| `type` | `enumeration` | <!--source:mortgage-registry-->Fee type refers to the categorization or classification of a fee based on its nature or purpose. `homeowners_association_dues``homeowners_association_service_fee``homeowners_association_special_assessment`<!--/source--> |
