Each line of business can set that time frame, but it cannot be less than 10 business days. We have made the decision to count 10 business days plus 1 which is the print date, on line #2. If there is not a "changed circumstance" the GFE MUST be good for at least 10 business days. If we have a changed circumstance on day 5, line 2 would still reflect 10 business days plus 1 on the revised GFE (in other words, the 10 days starts over)... it doesn't delay your closing though, it just means that the new info is good for the next 10 business days... make sense?
Living life in the fast lane, hitting bumps along the way, but enjoying the ride!!!!