Before the team acts on a production meeting, the file reviewer must address TILA TRID Timing. Which response is most defensible?
Correct Answer
D) Delay consummation until the corrected disclosure timing is met
The Closing Disclosure must be received in time and corrected under Regulation Z rules. The best answer is "Delay consummation until the corrected disclosure timing is met".
Why This Is the Correct Answer
The Closing Disclosure must be received in time and corrected under Regulation Z rules. The best answer is "Delay consummation until the corrected disclosure timing is met".
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