Posted By: Banker Chick
Closed loan before 7 business day waiting period - 08/08/12 06:55 AM
I am auditing a RESPA loan where the GFE and early truth in lending disclosures were provided 5 business days before closing instead of 7. There was not change in circumstances.
What are the consequences of this in terms of a cure?
Can someone point me to the specific section of regulation that details what must happen when violating this section 226.19(a)
Thanks,
What are the consequences of this in terms of a cure?
Can someone point me to the specific section of regulation that details what must happen when violating this section 226.19(a)
Thanks,