terms that represent, or try to evoke images or experiences of specific, tangible objects or entities. Concrete terms are usually thought of as opposed to abstractions or generalizations. External conflicts have outside action such as man against man, man against nature, man against fate.
- Borrower must receive servicing transfer statement at least 15 days before effective date of loan transfer-Borrower cannot be penalized for making a timely payment to prior servicer within 60 days of loan transfer-Records must be retained for 3 years for revised GFE; for 5 years for HUD-1s, escrow accounts, and AfBAs.
Written Jan 30, 2011 Â· Upvoted by. , 8.5 years in hedge funds. The time required to transfer funds between two banks is a function of the conventions of the system used to transfer the funds and, even more importantly, the way that risk of fraud is shared among the sending and receiving banks.