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#2046710 - 10/28/15 05:51 PM CD Amendment Confusion
swiggles Offline
Power Poster
Joined: Aug 2001
Posts: 7,333
Now I am getting myself confused. We provided the CD. Subsequently, the settlement agent made a last minute correction of property taxes and adjusted the owner's title policy premium.

We do NOT have to wait another three days....right?,,,,,just provide the corrected statement at closing?
The more you sweat in training, the less you bleed in battle.......

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TRID - TILA/RESPA Integrated Disclosures Rule
#2046734 - 10/28/15 06:49 PM Re: CD Amendment Confusion swiggles
PCBDebbie, CRCM Offline
100 Club
Joined: Aug 2015
Posts: 153
That is correct. You would only have to wait an additional 3 days if your APR became inaccurate, change in product type, or addition of a prepayment penalty.

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#2046802 - 10/28/15 08:42 PM Re: CD Amendment Confusion swiggles
Red Raiders Offline
Diamond Poster
Red Raiders
Joined: May 2013
Posts: 1,055
Compliance Land
Agree ^
How long until retirement?? smile

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