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#107156 - 08/16/03 04:57 PM HUD-1 Question
Jan94 Offline
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Joined: Mar 2001
Posts: 828
USA
Attorney indicated flood determination made payable to bank FBO (for benefit of) flood vendor? Is this acceptable? Thank you.

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#107157 - 08/16/03 05:00 PM Re: HUD-1 Question
Andy_Z Offline
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Andy_Z
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Posts: 27,754
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Are you saying the amount paid to the flood vendor is shown as paid to the bank, for them? I haven't seen that but it does identify that the bank will initially receive the funds and they will be paid to the identified flood vendor. I don't believe that is incorrect as the intent is meant.
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#107158 - 08/16/03 05:55 PM Re: HUD-1 Question
Jan94 Offline
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Joined: Mar 2001
Posts: 828
USA
Thanks Andy for being here on a Saturday. It helped me to get what I needed for Monday finished. Go enjoy the rest of the weekend!!

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