Title Ins error and HUD-1

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  • #2542

    If the loan officer failed to put the title insurance on the GFE then how is that addressed on the HUD-1A? The bank will be paying the insurance of course but on the HUD would box 1101 be blank, would box 1104 show the amount and title company with paid outside of closing lender (POC L )also there in box 1104 and then on page three box 2 under lender’s title ins be blank for good faith side and the actual amount under the HUD side which then that would make the increase between GFE and HUD-1A about 70% and just write good file notes as to what happened?? I’m hoping I’ve thought of everything. Am I on the right track?


    There are two acceptable methods of curing a tolerance violation.

    Method 1 – As you described, show 0 on line 1101 and show the amount paid by the lender on line 1104 as POC – Lender

    Method 2 – Show the full amount owed by the borrower on line 1101 and on line 1104. Then show a credit on page 1 on line 204 as a “cure for 10% tolerance category.”

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