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Initial Disclosures Before Underwriting?

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Question: 
Are initial disclosures required to have the borrower(s) signatures prior to going to underwriting for initial review? I understand that the loan estimate and 1003 need signatures but what about the other initial disclosure documents i.e.: toolkit, counseling forms, servicing disclosure, AfBA, FACTA, Privacy, Patriot etc..
Answer: 

There are no regulatory requirements for signatures on the 1003 or any initial disclosures. Borrower signatures are a bank or investor policy requirement.

First published on 10/13/2019

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