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Does Regulation Z require that a Closing Disclosure be provided within a certain timeframe after the Loan Estimate has been provided?

Does Regulation Z require that a Closing Disclosure (CD) be provided within a certain timeframe after the Loan Estimate (LE) has been provided? My bank has an applicant who has received the LE but now wants to delay closing for a month.

There is no timing requirement for provision of the CD after the LE has been issued. Regulation Z requires that the consumer receive the CD no later than three business days before consummation. It would be prudent, however, for the bank to monitor the file in the event an invoice or information about increased or additional fee(s) is received in the interim in which case the bank must reissue the LE within the regulatory timeframes to pass the fee(s) on to the consumer. (December 2020)

Does Regulation Z require that a Closing Disclosure be provided within a certain timeframe after the Loan Estimate has been provided?

Does Regulation Z require that a Closing Disclosure (CD) be provided within a certain timeframe after the Loan Estimate (LE) has been provided? My bank has an applicant who has received the LE but now wants to delay closing for a month.