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TRID- late disclosure

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  • #9424
    Angie Cowell
    Member

    Prior to TRID, there was a RESPA Round-up that stated how to handle late disclosure of the GFE. Basically on the HUD-1 comparison you had to show all zeros in the GFE column of the comparison chart. Cure was given on fees that were not allowed to change and to those in the 10% column. However, those in the Charges that Can Change section did not require a cure. I am trying to determine how to handle late disclosure of the LE in regards to the tolerance cure for TRID. I have been unable to locate this information.

    Is the logic the same as before TRID?

    Our system, Laser Pro, is treating all fees as zero, but then calculating to reimburse all fees in full, even those in 10% column and those that are allowed to change.

    Thank you for your assistance

    #9473
    rcooper
    Member

    We had a similar question on this recently. You can the question and our answer linked here: https://mycomplianceresource.com/forums/topic/late-le/.

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