Here is our problem. Our customer's house is barely in flood zone A but the insurance agent wrote it in zone X. The home equity loan is for $76,100 and the flood coverage is for $140,000. Are we ok or do I need to force place insurance in the correct flood zone?
Do we have to send a periodic statement on a closed-end mortgage loan on a dwelling, where both borrowers are now deceased and the property has gone thru a short sale and the remaining balance is charged off? We are currently not providing the "Suspension of Statements & Notice of Charge off".
What steps are involved with switching exception tracking systems?
Do you have to revise the issue date of the Final CD to match the CD date if nothing has changed from the Initial CD issue?
We had a mortgage loan, a refinance, subject to TRID and we charged a Title Insurance fee upfront on the Loan Estimate of $765 and it was actually a Title Search for $50. The Closing Disclosure was not changed either. How do I complete a revised CD after consummation; Do I just refund the $715 or do I need to complete a revised CD?