We need clarification on a situation which occurs once in awhile. The situation occurs when we as lender make a mistake which impacts a fee disclosed on the GFE (such as ordering lien/flood on wrong property). We as lender intend to cover any additional cost as a result of the mistake and not pass along to the borrower. Do these additional fees that we as lender incur as a result of our mistake have to be disclosed on the HUD with an indication they are Lender POC or can we leave them off?
In a related question, if we find out after closing that a fee on the HUD is greater than disclosed (such as a recording fee)and we intend to cover any increased cost, do we need to send a revised HUD showing the cure for a tolerance violation, if there is one?