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Closing Mortgage-Final App Regulatory Requirement?

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Question: 
Can you tell me if a final application when closing a mortgage is a regulatory requirement, a secondary market requirement, or just part of the process. If it is a regulatory requirement, what date would it have become effective?
Answer: 

It may be a secondary market requirement, but you would have to check with your investor for that. There is no regulatory requirement for a pretty final application to be produced and signed by the customer.

First published on BankersOnline.com 5/13/13

First published on 05/13/2013

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