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BankersOnline.com Forums Dodd-Frank Final Rules Discussions TRID - TILA/RESPA Integrated Disclosures Rule hud
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#2153384 - 11/14/17 12:21 AM hud
theloanbug Offline
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Joined: Sep 2005
Posts: 746
On the GFE and HUD we charged the same amount for a fee, but realized after closing the fee on the HUD should have been less, Do I cure that on the HUD?

Thanks,

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TRID - TILA/RESPA Integrated Disclosures Rule
#2153391 - 11/14/17 12:09 PM Re: hud theloanbug
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
If the loan was subject to only RESPA and not TILA - yes.
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#2153392 - 11/14/17 12:13 PM Re: hud theloanbug
theloanbug Offline
Platinum Poster
Joined: Sep 2005
Posts: 746
It is to purchase a commercial building for business, but is the HUD still the same a 10% tolerance?
Last edited by theloanbug; 11/14/17 12:31 PM.
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#2153400 - 11/14/17 01:29 PM Re: hud theloanbug
RR Joker Offline
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RR Joker
Joined: Nov 2002
Posts: 20,656
The Swamp
There are no tolerances on commercial loan, nor is a HUD [and certainly not a GFE!!!] required for such a transaction.
Last edited by RR Joker; 11/14/17 01:29 PM.
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