Answer:
Section 1026.40(b) states that the brochure and disclosure must be provided at the time the application is provided to the consumer. Generally when the consumer indicates that the application is for a home equity line, the brochure and disclosure should be provided before the application appears on the screen. Comment .40(b) – 2. states, “The disclosures and a brochure need not be provided when a general purpose application is given to a consumer unless the application indicates that is can be used to apply for a home equity plan.
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