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#2099188 - 09/19/16 06:40 PM Compliance Date 10/3/16
Ninky Offline
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Joined: Nov 2002
Posts: 357
Does the October 3rd compliance date for MLA apply only to applications taken as of that date, or all loan applications AND loans closed as of the 3rd?

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Lending to Servicemembers (SCRA, JWNDAA), War, Terrorism
#2099191 - 09/19/16 06:45 PM Re: Compliance Date 10/3/16 Ninky
CULady Offline
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Joined: Sep 2007
Posts: 493
The latter. So any open applications that have not yet been funded as of 10/3/16 will have to be checked for covered borrower status before funding the loan.

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