3-Day Rule – What does this 3-day rule mean?

Under the new rules borrowers must receive their Closing Disclosure three business days prior to closing.


Runtime: 01:01

 

Why is there a seller Closing Disclosure form?

Why is there a seller Closing Disclosure form?

The Consumer Financial Protection Bureau has promulgated a combined Closing Disclosure Form which allows for both buyer and seller settlement fees on the same form.

 

Required form 'HelpOn-Demand' does not exist.