Rescissions & Disbursements for Independence Day 2021
Newrez LLC "Newrez" Approved Correspondent Clients: please note that Sunday, July 4, 2021, is Independence Day. The Federal Holiday will be observed on Monday, July 5, 2021. Therefore, many banks and the U.S. Postal Service will not be open for business. Newrez will be closed for business on Monday, July 5, 2021.
Monday, July 5, 2021
It is important to remember the following:
- See “Wire Desk" below for important information regarding the Newrez Wire Desk on Monday, July 5, 2021.
Accordingly, the following rescission dates will apply for loans closed on:
|
If Closing |
Then Rescission |
And Disbursements |
|
Wednesday, June 30 |
Saturday, July 3 |
Tuesday, July 6 |
|
Thursday, July 1 |
Monday, July 5 |
Tuesday, July 6 |
|
Friday, July 2 |
Tuesday, July 6 |
Wednesday, July 7 |
|
Saturday, July 3 |
Wednesday, July 7 |
Thursday, July 8 |
Wire Desk
Since banks will not operate on Independence Day, the Newrez Wire Desk will be unable to process wires on Monday, July 5, 2021.
The Wire Desk will resume normal functions and hours on Tuesday, July 6, 2021.