Braun GmbH (helpÂ·info) (. [bÊaÊn] , commonly pronounced as braun in English), formerly Braun AG, is a German consumer products company based in Kronberg. From 1984 until 2007, Braun was a wholly owned subsidiary of The Gillette Company, which had purchased a controlling interest in the company in 1967.
The consumer must receive the Closing Disclosure form no later than three business days before. consummation. A settlement agent may provide the Closing Disclosure on the creditor's behalf and. responsibilities for completion are permitted to be divided between the settlement agent and creditor. The Closing Disclosure must be re-disclosed if changes subsequently occur causing the Disclosure to. become inaccurate.
The second form (the Closing Disclosure) is designed to provide. disclosures that will be helpful to consumers in understanding all of the costs of. the transaction. The Closing Disclosure must be provided to consumers three. business days before they close on the loan. The forms use clear language and design to make it easier for consumers to locate. key information, such as interest rate, monthly payments, and costs to close the. loan.