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Web what is a rescission period? A more precise rule for what is a business day (all calendar days except sundays and the federal legal holidays. 1026.23 (closed end) and 12 c.f.r. Web for purposes of rescission date calculation, business days include any day of the week, except sunday and the following eleven. The borrower’s right of rescission starts at.
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Sundays and federal holidays are excluded from the rescission period, and will delay the rescission. Web rescission dates or any other information included in the loan document package, refer them to the lender. New years day memorial day labor day thanksgiving day martin luther king day juneteenth. Web for purposes of rescission date calculation, business days include any day of the week, except sunday and the following eleven.
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