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NFLP RESPA Reform Blog > Posts > We've heard that all parties now have to sign off on the final closing HUD-1 and then wait three business days to fund. Is this correct?
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12/30/2009No, that is not correct. There is no provision in this RESPA Reform law to delay closing. However, the requirements for MDIA still exist and the re-disclosure of the TIL will still apply if the variance in the TIL is greater than .125%. |
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