"Adjustments" on the CD under 38(j)(2)

Posted By: burke116

"Adjustments" on the CD under 38(j)(2) - 03/30/16 08:04 PM

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)?
Posted By: jmm

Re: "Adjustments" on the CD under 38(j)(2) - 03/31/16 12:36 PM

Is this where you could put the second lien funds when the loan is done simultaneously with the first?
Posted By: rlcarey

Re: "Adjustments" on the CD under 38(j)(2) - 03/31/16 12:48 PM

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.