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PUD

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diamondeyez30 Joined: 02 Jul 2011 Posts: 1 1.28 Dollars($)	Posted: Sat Jul 02, 2011 7:14 pm    Post subject: PUD Like 0 Dislike 0 Why is my bank contacting me 3 yrs. later to sign a PUD agreement they said was not signed initially?
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Sun Jul 03, 2011 9:15 pm    Post subject: Like 0 Dislike 0 Hi diamondeyez, Well, this is something that your bank will be able to answer in a better manner. You should contact them and ask them to clarify the matter. Thanks
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12376 Location: bloomfield, ct 58.49 Dollars($)	Posted: Mon Jul 04, 2011 6:12 pm    Post subject: Like 0 Dislike 0 They have obviously belatedly discovered that a document didn't get signed. You would have signed a specific disclosure at your closing that allows for this sort of situation to be rectified if and when discovered. The timing might seem unusual, but perhaps there's been a recent audit and the lack of such a disclosure was discovered. Inasmuch as you've already consented at the closing to fix paperwork problems, you would need to comply with their request. It's more of a technicality, no doubt, than anything else; why not do as they request and be cooperative? _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044

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