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BankersOnline.com Forums Dodd-Frank Final Rules Discussions TRID - TILA/RESPA Integrated Disclosures Rule "Adjustments" on the CD under 38(j)(2)
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#2071697 - 03/30/16 08:04 PM "Adjustments" on the CD under 38(j)(2)
burke116 Offline
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Joined: Jun 2014
Posts: 566
Petersburg, VA
http://files.consumerfinance.gov/f/201312_cfpb_tila-respa_annotated-closing-disclosure.pdf

On page 4 of the PDF, under the annotation (j)(2)... I'm trying to figure out what kind of items would go under Adjustments (section L, in between lines 7 and 8)?

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TRID - TILA/RESPA Integrated Disclosures Rule
#2071766 - 03/31/16 12:36 PM Re: "Adjustments" on the CD under 38(j)(2) burke116
jmm Offline
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Joined: Mar 2015
Posts: 21
Is this where you could put the second lien funds when the loan is done simultaneously with the first?

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#2071768 - 03/31/16 12:48 PM Re: "Adjustments" on the CD under 38(j)(2) burke116
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
Actually second lien funds would go in Line 4 - see Model 25(C).

It really is a catch all for any adjustments that really don't fit into any other category.
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