Code of Federal Regulations Title 24. Housing and Urban Development § 24.220.823 Claim computation;  items deducted

(a) Any balance of the loan not advanced to the borrower;

(b) Any cash held by the lender or its agents or to which it is entitled;  including deposits made for the account of the borrower and which have not been applied in reduction of the principal obligation under the note and security instrument or instruments.