Answer:
Yes. Section 202.12(b) requires you to keep everything you "receive" for 12 months (nonconsumer) or 25 months (consumers).
First published on BankersOnline.com 06/23/03
Record Retention For Withdrawn Loan Applications
Answered by:
Question:
Is there a records retention requirement for loan applications that are withdrawn within 3 business days after the date the application was made?
print
share