https://www.gao.gov/products/429844

B-168476: Jan 19, 1970

ALTHOUGH LOAN SETTLEMENT DATE WAS NOT UNTIL A MONTH AFTER THE EFFECTIVE DATE WHEN LOAN ORIGINATION FEES WERE NO LONGER REIMBURSABLE ITEM MAY HAVE TRANSACTION CONSIDERED AS PRIOR TO JULY 1. THIS CONTRACT WAS SUBJECT TO THE PURCHASER'S ABILITY TO OBTAIN A LOAN FOR THE PURPOSE OF FINANCING THE PURCHASE ON OR BEFORE JUNE 11. THE CLOSING OF THE PURCHASE WAS TO BE HELD ON OR BEFORE JUNE 20. WHEREIN IT I...

https://www.gao.gov/products/471016

B-168476: Jun 12, 1970

THE CLAIM WAS DISALLOWED BY OUR DECISION OF JANUARY 19. BECAUSE THE FEE INVOLVED APPEARED TO BE FOR ADVISORY SERVICES WHICH ARE NOT REIMBURSABLE. HOEFER HAS FURNISHED A LETTER FROM THE ATTORNEY WHO REPRESENTED HIM IN THE TRANSACTION WHICH READS IN PART AS FOLLOWS: "THIS CLOSING FEE IS FOR THE TIME INVOLVED IN THE CLOSING OF YOUR PURCHASE OF THE HOUSE AND FOR THE CLOSING OF THE LOAN BY THE ROUTT CO...