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We closed a consumer home loan a few days ago with having the right of recission ending on 10/17/26, Saturday but the disburse date was entered in as Sunday the 18th. The funds were disbursed correctly on Monday the 19th. This error changed the monthly payment not only on the CD but also on the note along with the date of disbursement on the note. Typically we can mail out a revised closing disclosure to the borrower showing the correct dates within the last 30 days 0f closing per regulation. Per regulation do we mail a corrected CD only or do we have to do something in regards to the note as well?
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