Sawyer receives conflicting instructions about TRID Closing Disclosure timing timing. Which instruction should control?
Correct Answer
D) Restart the wait only for APR, product, or prepayment-penalty triggers
The Closing Disclosure must be received in time and corrected under Regulation Z rules. The best answer is "Restart the wait only for APR, product, or prepayment-penalty triggers".
Why This Is the Correct Answer
The Closing Disclosure must be received in time and corrected under Regulation Z rules. The best answer is "Restart the wait only for APR, product, or prepayment-penalty triggers".
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