Rescission question

Posted By: #12

Rescission question - 08/08/07 12:58 PM

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?
Posted By: Dan Persfull

Re: Rescission question - 08/08/07 01:09 PM

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.
Posted By: #12

Re: Rescission question - 08/08/07 01:20 PM

Thanks Dan.