Finance
Under TRID, a Wyoming lender who needs to issue a revised Loan Estimate due to a valid changed circumstance must provide it within:
A1 business day of receiving information about the changed circumstance
B3 business days of receiving information about the changed circumstance✓ Correct
C5 business days of receiving information
D10 business days of receiving information
Explanation
Under TRID, when a valid changed circumstance occurs (such as natural disaster, discovery of a new property defect, or change in loan terms), the lender must provide a revised Loan Estimate within 3 business days of receiving the information triggering the change.
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