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#790975 - 08/08/07 12:58 PM Rescission question
#12 Offline
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Joined: Jun 2005
Posts: 1,338
In a loan file review, I found a rescission notice that the customer signed (not the "I wish to rescind" section, just the receipt section), but the customer did not date it. Am I being overly picky, or is this a technical exception?
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#790979 - 08/08/07 01:09 PM Re: Rescission question #12
Dan Persfull Offline
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Dan Persfull
Joined: Aug 2002
Posts: 46,964
Bloomington, IN
The only exception would be if your policy/procedures require them to sign and date it. There is no regulatory requirement for it to be signed or dated by anyone.
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#790984 - 08/08/07 01:20 PM Re: Rescission question Dan Persfull
#12 Offline
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Joined: Jun 2005
Posts: 1,338
Thanks Dan.
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