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.
Revised CD After Consummation
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?
First published on 10/04/2020