[rcooper]

A question we received:

Closing disclosure is given at least three business days prior to closing, to the consumer, showing the date issued. When the borrowers are at closing the Bank issues another closing disclosure with a new “date issued” which matches the closing date, even if there are no changes made to the closing disclosure.

Assuming no changes have been made to the closing disclosure, shouldn’t the “date issued” on the Closing Disclosure given at settlement be the date the closing disclosure is originally issued to the consumer?

[rcooper]

If the disclosure hasn’t changed the date issued shouldn’t change. Your bank can give copies of the disclosure that was delivered without changing the date issued. If information on the CD changes then I would agree that the date issued would change at that point to reflect the date the revised disclosure was provided.

[Author]

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