Monday, February 15, 2010

In a bizarre move....

we had a lender overfund a closing then ask that we change line 802 on the HUD...AFTER closing.



Diane Cipa said... after we questioned changing the HUD post closing, the lender decided that we should not change the HUD, but still maintained that the YSP changed and that we should direct that overfund to the mortgage broker.

Our response is that we disburse according to the HUD and so we will return the overfund to the lender.

What the heck? I don't see this issue as gray at all, do you?

Anonymous said...

No Gray area there! You are, as always SPOT ON!

Kathy Glor

Diane Cipa said...

Thanks, Kathy. ;)