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HMDA
Another GMI Question
Thread Options
#2123379
-
03/23/17
09:39 PM
Another GMI Question
George
Gold Star
Joined:
Apr 2016
Posts: 364
Is it possible for the GMI to change from time of initial receipt to closing? I assume if the borrower comes back to us and says "hey, I marked the wrong box," then that is fine. But if we made the mistake and corrected it later?
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HMDA
#2123381
-
03/23/17
09:50 PM
Re: Another GMI Question
George
TMatt87
Diamond Poster
Joined:
May 2011
Posts: 1,987
Idaho
If the LO made a mistake when recording the borrowers responses, those should be corrected and the file noted to explain why it changed.
_________________________
All opinions are my own, not my employer's
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#2123415
-
03/24/17
01:40 PM
Re: Another GMI Question
George
Truffle Royale
10K Club
Joined:
Jul 2003
Posts: 17,400
George, is it possible? yes.
Should it happen more than once in a blue moon? no.
As TMatt said, document and move on.
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#2123639
-
03/24/17
08:40 PM
Re: Another GMI Question
George
George
Gold Star
Joined:
Apr 2016
Posts: 364
Thank you, you two! I appreciate it!
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