[Appeal of Federal Employee's Disallowed Claim for Reimbursement for Loan Origination Fee]
B-238023
Feb 22, 1990
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Highlights
A transferred federal employee claimed reimbursement for a 2.5-percent loan origination fee he incurred in purchasing a new residence. GAO held that the claimant was not entitled to reimbursement in excess of 1 percent, since he did not provide an itemized account of the lender's administrative costs, as required. Accordingly, the claim was denied.