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Revised CD After Consummation

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Question: 
We had a mortgage loan, a refinance, subject to TRID and we charged a Title Insurance fee upfront on the Loan Estimate of $765 and it was actually a Title Search for $50. The Closing Disclosure was not changed either. How do I complete a revised CD after consummation; Do I just refund the $715 or do I need to complete a revised CD?
Answer: 

I would send them a post closing CD with the $50 cure included for the title search and a check for $765, since the title search service was never disclosed and the title policy fee was charged in error.

First published on 10/04/2020

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