Be sure your borrower(s) acknowledge all LE’s provided.  If an LE has not been acknowledged, it could delay the CD going out to the borrower.  Why?

• The last revised Loan Estimate (LE) must be “received,” at least 4 business days prior to signing
• The initial Closing Disclosure (CD) must be “received,” at least 3 business days prior to signing

Example:  If an LE goes out today and the borrower does not acknowledge it the borrower must wait 4 days from that acknowledgement to sign. The waiting time on a CD is 3 business days, but the CD wait time DOES NOT supersede the LE wait time.  Once the borrower acknowledges the re-disclosed LE, the 4 business day wait begins. If we have sent out a CD, the borrower still must meet the 4 day waiting period on the LE.

Link:  http://files.consumerfinance.gov/f/201403_cfpb_tila-respa-integrated-disclosure-rule_compliance-guide.pdf