We have a single closing construction loan where, post consummation, the borrower fired the builder, retained and then filed a second builder, and then acted as her own GC to complete construction. Title insurance was paid for by the borrower at consummation, however being concerned about liens resulting from the post closing events we are going to have title redone and insured. The cost of the second title policy was not disclosed on the CD. Can we charge the borrower for the second title search and policy and, if so, should we issue a corrected CD?

These are subsequent events and do not impact the original closing.