Claim for Reimbursement of Real Estate Expenses
B-183611: Sep 2, 1975
- Full Report:
An employee requested reconsideration of a settlement disallowing his claim for real estate expenses incurred incident to the sale of his residence at his old duty station in connection with his transfer. The disallowance of reimbursement for the mortgage guarantee insurance, the loan origination fee, and the mortgage discount was sustained since Federal Travel Regulations specifically state that mortgage insurance and mortgage discounts are not reimbursable items and a loan origination fee is included within the finance charge under the Truth in Lending Act.