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Loan Document Imagining

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  • #3605
    compdud
    Participant

    Are there regulations or rules specifically about imagined loan documents? As long as we can retrieve and print a legible copy of the documents, are there any requirements to maintain a hard copy?

    #3619
    rcooper
    Keymaster

    I recommend retaining the original contract/note, security instrument, etc. with the original signature. However, I’m not aware of any regulation that prohibits the retention of disclosures electronically or the reproduction of those disclosures.

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