48-Hour Rule
PSA Uniform Practices requirement that information of a “to be announced” (TBA) transaction on a mortgage backed security are to be communicated between the seller and buyer by 3pm EST two business days before the delivery takes place.
PSA Uniform Practices requirement that information of a “to be announced” (TBA) transaction on a mortgage backed security are to be communicated between the seller and buyer by 3pm EST two business days before the delivery takes place.
