Posted by HisHughness on 1/26/13 10:41am
Msg #452350

If a signing is on a Sunday or a holiday ...

...does the right to cancel expire on midnight of the third day or the fourth day?

Reply by Linda_H/FL on 1/26/13 10:46am
Msg #452352

Since the day of signing is never counted to begin with

it would be midnight of the third business day AFTER the signing.

Reply by Clem/CA on 1/26/13 10:51am
Msg #452354

The answer is Yes

3 days if there is no holiday in the next 3 days
4 days if a holiday is involved

Reply by Malbrough_LA on 1/26/13 10:55am
Msg #452355

Yar

If the signing is on Sunday January 27th it's Wednesday January 30th.
If the signing was on Sunday January 20th or 21st (MLK day) it's Thursday January 24th.

I keep a printed copy of the Rescission Calendar in my briefcase just in case