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Reimbursement for GFE/HUD 1 Differences

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When figuring out possible reimbursement for differences between the GFE and HUD 1, is the total reimbursement based on the total difference in charges (10% tolerance items) or is it on an individual basis? As an example, the appraisal fee is over 10% greater than GFE; however, the title insurance is 25% under the GFE. Can these be netted together or do we just need to consider the appraisal fee variance.

The cure is based on the aggregate of the charges subject to the tolerance.

First published on 1/31/11

First published on 01/31/2011

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