by Randy Carey:
If you have previously obtained demonstrable consent to E-Sign delivery of documents, the day of receipt is three business days from the day you make them available, whether they open them or not, or when they open the documents, whichever comes first.
by Jim Bedsole:
"Arrival" and "Sent" from an email standpoint are generally the same date. If you sent the CD 3 business days prior to closing and therefore it "Arrived" 3 business days prior to closing, it has not yet been "received" by the borrower at least 3 business days prior to closing. To meet that standard, one of two things would have to have happened:
1. You sent the CD at least 6 business days prior to closing (then it doesn't matter when the customer opens the email, it is presumed to be received at least 3 business days prior); or
2. You have evidence that the customer opened the message with the CD included at least 3 business days prior to closing (then it doesn't matter when you sent it and when it "arrived").
In your final question you asked if you were in violation if the CD wasn't opened until 2 business days prior to closing if the CD arrived on or before the 3rd business day prior to closing. The answer is you would be in violation if you sent that CD less than 6 business days prior to closing, but if you sent it at least 6 business days prior to closing you would not be in violation.