Blog posted On November 19, 2018
For a non-rescindable transaction (i.e. a purchase), only one of the primary borrowers will need to receive a copy of the CD. For a rescindable transaction (i.e. a refinance of a primary residence), all borrowers with a right to rescind must receive a copy of the CD, which includes title-only borrowers in order to start the waiting period.
Please refer to our program guidelines for complete details.