Should I take my loan officer or mortgage company to court?
Our escrow was supposed to close on August 13, 2010. We would have been able to close on time, but the underwriter ordered some “desk review” of our appraisal and demanded more comps to support our price. The appraiser mysteriously got these comps after looking for DAYS–btw, we have not received a copy of this desk review yet. We ended up closing on August 17, 2010 ( 2 days after the state of California stopped accepting applications for the $ 10,000 home buying tax credit–California has apparently run out of funds). Do I have any recourse at all against the underwriter or my loan officer that lagged on ordering the initial appraisal and had us date some papers earlier so that she remains in compliance. I think it was the GFE or the appraisal order that had to be done within 72 hours of them running our credit. One of these forms was the one we were asked to change the date on.
Could I get the $ 10,000 that they cost me from a government program I would have qualified for? Does that even sound like a case?