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Posted by  JanetK_CA on 8/22/14 7:56pm
I think they got a deal for $200 for that much time, effort and expense on your part. That $50 is coming right off your profit for the assignment. I can't think of any other business that can get away with telling a contractor after the fact that someone else made an accounting mistake, so they're going to have to reduce their fee by 25% to fix it...
The lender may have their hands tied in terms of the variances they have to maintain between the HUD and the GFE, but it seems to me that it was the settlement agent who was in a position to have dealt with this issue up front and should take some, if not all, of the responsibility. (Unless the lender's HUD was different from the initial disclosures and the lender gave escrow bad info.) But as was alluded to above, "stuff" rolls downhill, and they probably don't want to antagonize their client. So they're using the same tactics with you that the lender used with them.
Only other thing I can think of if they won't budge on honoring your agreement - and if they're such a good client that you don't want to lose them - is to suggest that you split the difference, in the interest of good will, and see if they'll go along with that. Then you may want to get to work on finding a replacement for them, since you now know how much they will have your back if/when a problem arises again...
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