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48-Hour Rule |
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48-hour rule PSA Uniform Practices requirement that all pool information in a to be announced (TBA) transaction be communicated by the seller to the buyer before 3 p.m. EST on the business day 48 hours prior to the agreed-upon trade date. 48-Hour Rule A rule under the PSA Uniform Practices requiring that all information about the mortgages underlying a forward contract on a mortgage-backed security be communicated from a seller to a buyer by 3 p.m. two days before the delivery takes place. This contract is known as TBA. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The 48-hour rule, you go back and you look and there's no question that we've struggled in that area," Fox said. The 48-hour rule, you go back and you look and there's no question that we've struggled in that area," Fox said. Frankly, I see no reason why that 48-hour rule should not be applied all year long. |
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