Finance
Under Texas law, a lender must provide a final Closing Disclosure at least 3 business days before closing. A 'business day' under TRID is defined as:
AMonday through Friday only
BAll calendar days except Sundays and federal public holidays✓ Correct
CAny day that the lender's office is open
DMonday through Saturday, excluding federal holidays
Explanation
Under TRID, 'business day' for the Closing Disclosure 3-day waiting period means all calendar days except Sundays and federal public holidays. This is different from the 'business day' definition used for the Loan Estimate (which includes Saturdays).
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