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#1935024 - 06/24/14 02:04 PM fees on a withdrawn application
southern palms Offline
Junior Member
Joined: Nov 2009
Posts: 46
If we could ask the customer for reimbursement of the fees for the loan but if the customer was not willing to pay, would the bank be responsible for the fees?

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Lending Compliance
#1935059 - 06/24/14 03:01 PM Re: fees on a withdrawn application southern palms
swiggles Offline
Power Poster
swiggles
Joined: Aug 2001
Posts: 7,351
Yup.....cost of doing business. The only way to guard against that is require customers to pay fees as the fees are billed to the bank prior to closing. No one does that (that I know of).
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