Asked by renysa, Los Angeles, CA • Thu May 10, 2012
We have been asked to pay $20 000 to second lien in addition to $6 000 that the 1st lender is paying them, and out of the HUD-1. According to all the people that are working on the deal BoFA is not willing to change the amount going to 2nd lender (Green Tree), even though we have agreed to pay the money. We have been told this is "normal practice" these days. The question is - Is it legal? Should we walk away of the deal?
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