- Business Rules
For Time Zone – if a broker issues the first Loan Estimate in the Central Time Zone and all future disclosures if applicable will be issued by the creditor, does the creditor need to issue in the same time zone or could they issue in another?The disclosure requires the applicable time zone for all times provided, as determined by the creditor.
Citation(s): Commentary ¶37(a)(13)-3
CFPB announcement regarding the delay of TRID
The full statement from CFPB Director Richard Cordray can be viewed here