We have a forbearance agreement on a manufactured home (coach only) and want to do an amendment to extend the maturity and reamortize the payments. In addition, we will add a new co-borrower and take additional collateral on the land where the coach sits. (Borrowers did not own the land initially, but now do.) By taking the land as new collateral and the new borrower (who also lives in the home), would that trigger TRID disclosures or any other disclosures under Reg Z? Does an amendment effectively capture the new coborrower's obligation to pay - I suppose that is dependent on how it is worded. Do we need rescission at all for the new co-borrower? I'm not sure exactly how this needs to be documented - while still having it be under the original Forbearance Agreement. Thank you!

That is all going to depend on how it is done and whether or not it is a refinancing under 1026.20(a). Pay attention specifically to 1026.20(a)(4).

Thank you.