B-220287: Mar 11, 1986

IS SPECIFICALLY PRECLUDED BY THE FEDERAL TRAVEL REGULATIONS (FTR) AND JOINT TRAVEL REGULATIONS (JTR). MORTGAGE INSURANCE TO PROTECT THE LENDER AGAINST DEFAULT IS A FINANCE CHARGE WHICH MAY NOT BE REIMBURSED UNDER THE FTR AND JTR. MACK - REAL ESTATE EXPENSES - MORTGAGE INSURANCE PREMIUM: THIS RESPONDS TO A REQUEST FOR AN ADVANCE DECISION ON THE ISSUE OF WHETHER A TRANSFERRED EMPLOYEE MAY BE REIMBUR...

B-220287: Mar 11, 1986

The Air Force requested an advance decision regarding an employee's entitlement to reimbursement for a mortgage insurance premium he paid in purchasing a new residence incident to his transfer. The employee was required to purchase insurance to protect the lender from default. GAO held that both Federal Travel Regulations and Joint Travel Regulations define mortgage insurance costs as nonreimbursa...