OK So hopefully I'm just over thinking this, but here goes.
Is it OK to have lender paid broker compensation when the borrower pays for a rate buy down? and if so do you "net" the number in box 2 of the GFE and line 802 of the HUD1?
I ask due to HUD's previous prohibition on YSP and rate buy down (Q&A GFE box 2 #2). Yes I know it is not the same but since when does HUD make sense?
Thanks in advance for your opinions.
Where I go there I am.