Announcement 2025-080 Rescissions & Disbursements for Thanksgiving Holiday 2025

Newrez LLC "Newrez" Approved Correspondent Clients: please note that Thursday, November 27, 2025, is Thanksgiving, a federal holiday. Newrez will be closed for business.

Thursday, November 27, 2025 is a federal holiday; therefore this date must be excluded as a business day when determining the earliest date that settlement may occur from the date the consumer(s) receive the initial Closing Disclosure. For example, if the consumer receives the initial CD on Saturday, November 22, the earliest date that settlement could occur would be Friday, November 28. If the consumer receives the initial CD on Monday, November 24, the earliest date that settlement could occur would be Monday, December 1. Similarly, Thursday, November 27, 2025, must also be excluded as a business day in counting the seven-business day waiting period from when the initial Loan Estimate was provided to consummation. As a reminder, if the initial Closing Disclosure is received on Thursday, November 27, 2025, it cannot be considered received until the next business day, November 28, 2025.

Accordingly, the following rescission dates will apply for loans closed on:

Wire Desk 

The Wire Desk be closed on Thursday, November 27, 2025.

The Wire Desk will resume normal functions and hours on Friday, November 28, 2025.

Bulk Desk 

The Bulk Desk will be closed on Thursday, November 27, 2025.

The Bulk Desk will close at 12pm Eastern on Friday, November 28, 2025.