Grayson County is located in the Western Coal Field region of Kentucky, in the West-Central part of the state, with an area of 493 square miles.
In the last three years, GFEBS grew from one million transactions and $1.2 billion in obligations in fiscal year 2009 to 20 million transactions and $30.8 billion in obligations in fiscal year 2011. GFEBS currently processes approximately one million transactions a day and $140 billion of the general fund annually.
Thus, a loan originator must issue a GFE no later than 3 business days after the loan originator receives an application or information sufficient to complete an application AND must be notified of the loan applicantâs intent to proceed before collecting fees, with the exception of the credit report fee. Remedy.