Skip to content
BOL Conferences
Learn More - Click Here!

New Reply
Post Icon
Smilies Insert Link Insert Email Link Insert Image Link Insert Media Tag List Bold Italic Underline Strike-through Spoiler Quote Font Color Fonts Font Size
Make textarea smaller
Make textarea bigger
Post Options

HTML is disabled.
UBBCode is enabled.
Poll Manager (Total Polls: 0)




In Response To:
Thread Starter: Truffle Royale
Title: Re: curing tolerance violations on the HUD

Originally Posted By: Anonymous
Someone would know why the credit was given because it is labeled "amount to cure tolerance violation" and someone would know it is the correct amount because the tolerance is now at 10%. I think my question has been answered, thanks everyone


You have to 'show your work' just like you did on your math homework in school.
The HUD must show both the error and the cure.
If you remove it from p3 there is nothing to cure and no calculations can be done.
So you enter the figures from the last GFE in the GFE column on p3 and the actual costs in the HUD column. If the line that reads Increase between GFE and HUD-1 charges ends up more than 10%, you cure on p 1.