Record Keeping Flashcards
1
Q
How long is required to keep Compliance with disclosures (Apps)
A
2 years
2
Q
How long is required to keep MARS Rule/DNC List/Advertisement documents
A
2 years
3
Q
How long is required to keep ECOA-B records of complaints
A
25 months
4
Q
How long is required to keep Compliance with MLO Compensation Rule/Compensation Records
A
3 years
5
Q
How long is required to keep Compliance with Qualified Mortgage documents
A
3 years
6
Q
How long are Loan Estimates kept for?
A
3 years
7
Q
How long are Closing Disclosures(final files) kept for?
A
5 years
8
Q
How long are SAR’s Reports kept for?
A
5 years
9
Q
Patriot Act kept for?
A
7 years
