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Merger & Disclosures

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  • November 20, 2013 at 3:36 pm EST #4378
    PNBComplianceTeam
    Member

    We are merging with another bank. In addition to the merger, our name is changing as well. If we both receive mortgage applications and issue early disclosures (TIL & GFE) under our old names prior to the merger date, then we get to the mortgage closings and past the merger and we are using our new name, must we re-disclose any of the original disclosures under the new name?

    December 4, 2013 at 10:35 am EST #4446
    kjones
    Member

    I would be interested in knowing this as well. We too are getting ready to go through a merger.

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