The sale is finalized - we've been in the house for two months now and my lender just recently realized that they wrote a loan for the house when they weren't supposed to. Now they want us to refinance to get a MUCH lower rate and they'll pay all the closing costs, appraisal fees, etc.
For them to go out of their way and pay all these costs out of pocket, what are the real repercussions for them?
Read more: What are the repercussions for a mortgage company who writes a FHA loan on a property that was a flip and sold prior to the 90 day rule?
