[MBT_Compliance1]

Which disclosures require signatures, including new TRID rules?

[kowsley]

There are no definitive signature requirements under TILA, so considering the new TRID rules, the Loan Estimate nor the Closing Disclosure require a signature. A signature can be included at the option of the creditor according to the regulation 1026.37(n) and 1026.38(r).

Other disclosures that will require a signature are the Flood Notice, insurance acknowledgement if credit insurance is offered.

Many times, the financial institution will establish policy/procedures that require signature. In addition, state law should be reviewed as well to insure a signature is not required.

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