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#1304985 - 12/14/09 04:56 PM New GFE open 10 days
CompDat Offline
Platinum Poster
Joined: Dec 2005
Posts: 553
USA
This may sound like a poorly thought out question. Lets say you make the GFE open for x number of days. So, when that time passes, you will need to reissue a new GFE if the application process is still going on. Does this sound correct?

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RESPA
#1305047 - 12/14/09 05:27 PM Re: New GFE open 10 days CompDat
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,370
Galveston, TX
If the customer does not provide you with an intent to proceed within 10 days or other longer period specified by the bank, you get to start over.
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