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#1146754 - 03/18/09 12:22 PM Rescission Period
upstateNY Offline
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Joined: Apr 2003
Posts: 933
New York State
I just can't find something and hope to be pointed in the right direction. Do any of the new REG Z amendments modify the calculation of days for rescission purposes? I remember reading something and can't locate it. Thanks

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#1146769 - 03/18/09 12:58 PM Re: Rescission Period upstateNY
RR Joker Offline
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RR Joker
Joined: Nov 2002
Posts: 20,656
The Swamp
YOu may be thinking about the extra days added if you have to redisclose the early disclosures if certain fees/circumstances change.

I don't know of any changes regarding RofR.
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#1146790 - 03/18/09 01:20 PM Re: Rescission Period RR Joker
upstateNY Offline
Platinum Poster
Joined: Apr 2003
Posts: 933
New York State
Originally Posted By: RR joker
YOu may be thinking about the extra days added if you have to redisclose the early disclosures if certain fees/circumstances change.

I don't know of any changes regarding RofR.


Thanks, I'll go to that section and re-read. An attorney is telling us that the time that the rescission period will start will depend upon our bank's "cut-off" time for the next day's business. Ever heard of that?

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