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FACTA - Sign & Date the Disclosure?

Answered by: 

Question: 
Does the FACTA (Notice to Home Loan Applicants) disclosure require the customer to sign and date that they received it? The disclosure that is part of the credit report has a line on acknowledgment asking to sign and date.
Answer: 

There is no signature or retention requirement for this disclosure. You simply need to demonstrate a system of providing it when applicable.

First published on BankersOnline.com 2/22/10

First published on 02/22/2010

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Filed under compliance as: 

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