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Reg Z TILA Disclosures Requirements for Fixed Loan

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Can we change the business address on the system from the owners home address to the address where the business is conducted without written authorization from the business owner?

There is no law or regulation that I know of that would regulate your action, but without knowing your rationale, I would say it's a bit cheeky. Your requirement to obtain a physical address for CIP purposes does not require that that address be used for mailing. Your customer may have a good reason to want statements mailed to his home rather than the business.

First published on 6/3/13

First published on 06/03/2013

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