Regulatory Alerts2026-03-06
K.A.R. 17-24-7 Additional charges
The Kansas Office of the State Bank Commissioner issued K.A.R. 17-24-7 to define allowable additional charges in covered mortgage transactions under the Kansas Mortgage Business Act. The regulation requires that such charges be payable to unrelated third parties and either qualify as excluded finance charges or relate to goods and services rendered within one month of the transaction. This rule clarifies existing standards to protect consumers while allowing financial institutions to charge for specific related services without incurring implementation costs.
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