email notice

Posted By: Burgess

email notice - 07/14/17 02:23 PM

just checking myself.
I have said that while it is ok to email the appraisal notice...it has to be done esign compliant.
agree?
Posted By: rlcarey

Re: email notice - 07/14/17 02:38 PM

Yes, unless provide with an electronic application form:

1002.4(d)(2) Disclosures in electronic form. The disclosures required by this part that are required to be given in writing may be provided to the applicant in electronic form, subject to compliance with the consumer consent and other applicable provisions of the Electronic Signatures in Global and National Commerce Act (E-Sign Act) (15 U.S.C. 7001 et seq.). Where the disclosures under §§ 1002.5(b)(1), 1002.5(b)(2), 1002.5(d)(1), 1002.5(d)(2), 1002.13, and 1002.14(a)(2) accompany an application accessed by the applicant in electronic form, these disclosures may be provided to the applicant in electronic form on or with the application form, without regard to the consumer consent or other provisions of the E-Sign Act.
Posted By: Likes to Comply

Re: email notice - 08/02/17 07:01 PM

We provide the appraisal disclosure with the application. If the application with appraisal disclosure is emailed to the applicant, would E-Sign still be applicable? While not accessing it from our website, they are still accessing the application with appraisal notice in an online, electronic manner...
Posted By: John Burnett

Re: email notice - 08/04/17 02:36 PM

E-SIGN would not be applicable in that situation, Likes to Comply.