This question is around the new Good Faith Estimate. Page 2 has a section for Your Adjusted Origination Charges. Item #2 references credits or charges for the specific rate chosen. If the bank covers the origination or admin fee, should that be shown as a credit in Item #2 and would we mark the first box? Since it isn't really a reflection of the interest rate, we're thinking we don't need to do anything here, but I just wanted to verify that. I appreciate the assistance.

Did I misunderstand this requirement? Thank you.

If the lender is "eating" a fee, you must show a credit in A2 and you mark the 2nd box "you receive a credit of $___". Refer to the RESPA FAQs - page 21, "GFE-Block 2" Q&A #1.