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Reply to "Lender wants to do something odd with my refinance closing"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I flat out tell him that I either get an accurate HUD or a letter in writing detailing the agreement. His verbal assurance is worth as much as the paper it is written on and I do not give $4000.to anyone not related by blood without as document detailing the agreement and repayment. If he cannot close on the original agreement or offer me a letter detailing how I am to be compensated, then I will consider him in breach of contract and responsible for any losses due to his error. I will use the original HUD as proof of what was contracted but not delivered.[/quote] I think the he HUD went away. There is a CFPB form in use now[/quote] Correct. The HUD-1 is now known as the closing disclosure or CD. [/quote]
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