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#1740885 - 09/14/12 01:46 PM Wrong initial deposit on HUD
Many Hats Offline
Platinum Poster
Joined: May 2008
Posts: 915
Orlando, FL
If a Bank realizes that after closing the initial deposit for the escrow account was incorrect (was over by almost $700 due to not considering the aggregate adjustment), what can be done about it now. Should the Bank refund the difference now or wait until the annual analysis?

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#1740918 - 09/14/12 02:26 PM Re: Wrong initial deposit on HUD Many Hats
rlcarey Offline
10K Club
Joined: Jul 2001
Posts: 77,215
Galveston, TX
Re-analyze the account and cut them a check now.
The opinions expressed here should not be construed to be those of my employer:

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