Idaho Code § 26-31-214

Current through the 2024 Regular Session
Section 26-31-214 - NOTICE OF TRANSFER

Except as otherwise provided for in the truth in lending act, the real estate settlement procedures act, regulation X, or regulation Z, a mortgage lender shall provide notice to the borrower within fifteen (15) days after any sale or assignment of the borrower's residential mortgage loan to another person wherein the mortgage lender does not retain the loan servicing. A mortgage lender purchasing or receiving assignment of a residential mortgage loan with servicing shall provide to the borrower within thirty (30) days a written statement describing policies relating to the reserve account.

Idaho Code § 26-31-214

[26-31-214, added 2020, ch. 100, sec. 11, p. 269.]
Added by 2020 Session Laws, ch. 100,sec. 11, eff. 7/1/2020.