Escrow & Title
TRID (TILA-RESPA Integrated Disclosure) rules require the Closing Disclosure to be delivered to the borrower at least 3 business days before closing. If it is mailed, when must it be mailed to satisfy this requirement?
A3 business days before closing
B6 business days before closing (3 days for presumed mail delivery + 3 day waiting period)✓ Correct
C7 calendar days before closing
D10 business days before closing
Explanation
If the Closing Disclosure is mailed (not hand-delivered or electronically delivered with consent), regulators presume receipt occurs 3 business days after mailing. To allow a 3-day review period before closing, the CD must be mailed at least 6 business days before closing.
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