[Request for Reconsideration of IRS Employee's Denied Claim for Reimbursement of Loan Origination Fee]
B-232679.2
Aug 29, 1989
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Highlights
A transferred Internal Revenue Service (IRS) employee requested reconsideration of his denied claim for reimbursement for a 2.5-percent loan origination fee he incurred when he purchased a residence at his new duty station. GAO had held that IRS properly reimbursed the claimant for a 1-percent fee. In his request for reconsideration, the claimant contended that the 2.5-percent fee was locally customary. GAO held that the 2.5-percent fee included discounts and point expenses that were not reimbursable. Accordingly, the claim was denied.