TRID Rule Technical Correction?
In the pre-TRID rule environment, property taxes, homeowners association dues, condominium fees, and cooperative fees that a borrower was required to pay in advance to the applicable parties (and not into an escrow or impound account) were not subject to a specific percentage tolerance. However, based on a typographical error in the supplementary information to the TRID rule, such charges were referred to as charges that were subject to tolerances in both the TRID rule and pre-TRID rule worlds. While that was unfortunate, the bigger problem was the TRID rule itself. Read the article……….
New Yorkers may become even more reluctant to sit on the board of their condominium or co-op building. A decision
The visit from environmental inspectors had the nerve-rattling effect of an IRS audit. Three U.S. Environmental Protection Agency staffers and
In Petersen Financial LLC v Twin Creeks LLC, issued November 22, 2016 (Docket No. 329019) (Published Opinion) the Michigan Court