$1.$ Based on the following information, prepare a RESPA statement in good form.

Purchase price $$150,000$

L$/$V Ratio $80\%$

Loan at $4\mathrm{.}5\%$ for $25$ years

Deposit paid $$2500$

Closing date March $20$

Mortgage payment due April $1$

Property taxes in arrears January $1$st $$2400$

Loan origination fee $1\%$

Discount points $1\mathrm{.}5\%$

Appraiser fees $$250$

Application fee $$75$

Hazard Insurance $$1200$ per year

Property tax and hazard insurance have two$-$month escrow requirement

Title insurance $$500$

Recording fee $$25$

Lender$$s title insurance $$125$

Release statement, seller$$s mortgage $$25$

Seller$$s mortgage payoff $$35,200$

Real estate brokerage $6\%$