Hud 1 If there is a mistake on the HUD-1 who is responsible? I've been on the boards asking about a loan modification. We bought our place Nov 06 and didn't escrow for taxes. We just modified our 1st two weeks ago. Becuase we are late/behind we didn't pay 07 property taxes. The lender called the other day and says unless we can pay $3,600 before 7/1 we should escrow. I was upset b/c this should've been discussed before the loan mod. He told us we should've been escrowing the whole time according to the HUD-1. How can something like this go undetected for so long? Do we have any recourse against the lender? Is it the mortgage brokers fault it's not set-up correctly. |