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Thank you for this informative post. We are wondering if there is any regulation regarding closing on a Sunday? For example, if a borrower signs the CD on a Thursday, can they close on a Sunday? There are 3 specific business days between(Sat, Fri, Thurs).
Commented Jan 5, 2018 on How to Comply with the Closing Disclosure's Three-day Rule at ALTA Blog
How to Comply with the Closing Disclosure's Three-day Rule
According to the Consumer Financial Protection Bureau’s final rule, the creditor must deliver the Closing Disclosure to the consumer at least three business days prior to the date of consummation of the transaction. (Note that the Closing Disclosure and Loan Estimate must be implemented by Oct. ...
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Jan 5, 2018
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