Overcollection of fee by cents
Posted By:
Vive Accommodare
Overcollection of fee by cents -
10/12/17
05:00 PM
If we have a charge for the upfront mortgage insurance premium, but we accidentally over collected by a penny do we have to reimburse for the penny?
Posted By:
John Burnett
Re: Overcollection of fee by cents -
10/12/17
05:18 PM
There isn't any "de minimis" exception to the requirement that you pay back any amount that you "over collected."
Posted By:
Vive Accommodare
Re: Overcollection of fee by cents -
10/12/17
06:03 PM
That was my fear!