Answer:
Answer from Dan: Not under Federal regulations.
Answer:
Answer from Andy: Just don't confuse this with a rescission. I have heard of customers who would ask for a denial for a free credit report or withdraw because they found better loan terms, but then decide to go all the way to closing only to rescind because then they received refunds. But as your specific issue with a denial, I agree with Dan.
First published on BankersOnline.com 1/9/12
print
share