Revised Loan Estimates / Compliance Minute
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Compliance Minutes are instructional videos on consumer and regulatory banking compliance policies, procedures and current financial topics; many of which come directly from Compliance Alliance's phone hotlines and live chats. These short educational videos with in-house General Counsel were developed for customers to supplement current understanding or revisit complicated rulings.
This week's Compliance Minute instructional video finds C/A's Silvia Garcia Maggio explaining when a lender MUST give a revised Loan Estimate versus when a lender may give a revised LE.
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