If the business lines forgot to disclosure MI and they aren't allowed to do a CIC to pass the fee onto the borrower since it was a bank error, can they withdraw the application and start over? I remember see a discussion on this when TRID first rolled out but wasn't able to find anything on it. Wouldn't it have to be the borrower who wanted to withdraw the file anyways? Thanks!

For the loan to be withdrawn the borrower must 'expressly' withdraw. The bank can't do it for them.

And I would NOT do this because of a bank error.

My thoughts exactly, but wanted to make sure I wasn't being to conservative as the business line puts it. Thanks!

You are not being too conservative - and what customer would withdraw an application just so they could pay more fees?

The business line has to bear the cost of its flubs.