19.1.2.5 Changes to Tentative or Confirmed Closing Dates

A. Lenders Counsel may request to change to a set closing date (tentative or confirmed, depending on review stage). The request should be made in writing to the HUD Closing Attorney and include alternative dates for closing. The HUD Closing Attorney will consult with the RC Director to reset the closing date. Once reset, the HUD Closing Attorney will notify the applicable Regional Counsel that the closing date has been changed at the request of Lender’s Counsel.

B. The HUD Closing Attorney and RC Director will seek the concurrence of the RC Director and the applicable Regional Counsel if they determine that the conditions of this Section 19.1.2 are not met, or other exigent circumstances exist that necessitate a change to a set closing date (tentative or confirmed, depending on the stage of review). Upon concurrence, the RC Director will notify the Lender of the need to reschedule the set closing date. Lender’s Counsel may then request a new preferred closing date. The HUD Closing Attorney will consult with the RC Director to reset the closing date and notify the Regional Counsel accordingly.