Do you have a legal background on this subject
OR are you stating your opinion because you just assume that they can charge ?
Are you familiar with RESPA violations ?
The loan application was withdrawn.
There are laws to protect the consumer.
As a broker, I would never charge a penny over the actual cost of a credit report for a withdrawn loan.(OR cancelled/denied)
Perhaps a bank/credit union can get away with this, I don’t know.
Real Estate Settlement Procedures Act (RESPA) is administered and enforced by the Consumer Financial Protection Bureau (CFPB).
A consumer with a question or complaint related to a mortgage or mortgage servicer, call (855) 411-2372